Wednesday, January 31, 2024

Fed Holds Rates Steady for 4th Meeting in a Row (Newser Breaking News)

Newser Newsletter
January 31, 2024
 
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The Federal Reserve, surprising nobody, left its benchmark interest rate unchanged Wednesday at between 5.25% and 5.5%, its highest in 23 years. This was the fourth Fed meeting in a row that resulted in no change to the key rate, but while raising the rate was seen as a possibility at earlier meetings, analysts are now looking for signs that cuts are on the way, the Wall Street Journal reports. Keep reading
 
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