Wednesday, March 20, 2024

Federal Reserve Keeps Rate As-Is Yet Again (Newser Breaking News)

Newser Newsletter
March 20, 2024
 
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Federal Reserve Keeps Rate As-Is Yet Again
After ending their latest meeting, Federal Reserve officials kept their benchmark interest rate unchanged for a fifth straight time at between 5.25% and 5.5%, reports the Wall Street Journal. They signaled that they still expect to cut their key interest rate three times in 2024 despite signs that inflation stayed surprisingly high at the start of the year. Keep reading
 
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