In its latest monetary policy meeting of the first half of the year, the United States Federal Reserve (FED) announced its decision to keep interest rates unchanged, in the range of 5.25% to 5.50%. This measure, which was unanimously taken by all members of the Federal Open Market Committee (FOMC), marks the eighth consecutive occasion that the Fed has kept rates at this level. The…
The Federal Reserve maintains interest rates stable
The Federal Reserve’s decision to maintain stable interest rates reflects cautious optimism amidst evolving economic conditions.