US Fed keeps interest rates unchanged
Edited By WION Video Desk
Published: Nov 02, 2023, 06:45 IST | Updated: Nov 02, 2023, 06:45 IST
The Federal Reserve in its latest monetary policy decision again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the fed’s rate-setting group unanimously agreed to hold the key federal funds rate in a target range between 5.25%-5.5%, where it has been since July.
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