US; Fed Holds Rates Steady but Expects More Increases • Federal Reserve officials agreed to hold interest rates steady after 10 consecutive increases but signaled they were prepared to raise rates next month if the economy and inflation don’t cool more • In its postmeeting statement, the Fed implied the decision to maintain the benchmark federal-funds rate in a range between 5% and 5.25% • Officials’ projections of penciling in two further increases this year, which was more aggressive than many interest-rate strategists had anticipated,
Download PDF file
Cookie policy