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US Fed Reserve Policy: FOMC keeps interest rates unchanged at 5.25%-5.50%, verdict in line with Street estimates
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US Federal Reserve unanimously voted Wednesday, September 20 to keep interest rates at a 22-year high, while forecasting an additional rate hike before the end of the year to bring down inflation. The Fed's decision to keep its key lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the US central bank said in a statement.
Read more on livemint.comAbout this in other media
US Federal Reserve Banks say stablecoins could ‘become a source of financial instability’ cointelegraph.com /1 year ago
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Fed pauses interest rate hikes, but high mortgage rates could be here to stay foxbusiness.com /1 year ago
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