The US Federal Reserve keeps rates steady at 3.5–3.75 percent amidst a cooling labour market and Iran pressures.
The US Federal Reserve keeps rates steady at 3.5–3.75 percent amidst a cooling labour market and Iran pressures.
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The United States Federal Reserve will hold interest rates steady as the labour market cools and prices on goods and services surge following the US and Israel’s joint strikes on Iran.
The central bank will maintain its benchmark rate at 3.5–3.75 percent, consistent with the Fed’s decision last month, when it also held rates steady.
Central bank keeps interest rates steady at 3.5-3.75 percent amid inflation concerns and global economic strain.
The US central bank is moving cautiously, despite pressure from the president to cut interest rates.
The Federal Reserve on Wednesday released its decision in interest rates.
The central bank will maintain rates at 3.5 to 3.75 percent and warned of 'elevated' economic uncertainty.
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