US Fed pauses rate hike: How will it impact the markets?
Edited By WION Video Desk
Published: Jun 14, 2023, 21:40 IST | Updated: Jun 14, 2023, 21:40 IST
Amid the failure of Silicon Valley Bank, subsequent disruptions to the banking system, and stubborn inflation, the Federal Reserve has some tough questions to answer on the future of interest rates. After ten straight meetings where it raised interest rates, the Fed took a breather on raising rates at its June 13-14 meeting.
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