WionNews Video

US Fed keeps interest rates unchanged

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.

Trending Topics

Trending Videos