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The US Federal Reserve has decided to keep interest rates unchanged at a 22-year high of 5.25% to 5.5%. This decision follows the Federal Open Market Committee meeting where central bankers projected three rate cuts by the end of 2024, signaling a pause in rate hikes.
💡The Federal Reserve announced it would maintain the federal funds rate target range at 5.25% to 5.50%, marking the fifth consecutive meeting without change since September. It also decided to continue monthly reductions of $60 billion in Treasuries and $35 billion in… https://t.co/srzeUaR7CY
US Federal Reserve keeps the benchmark interest rates unchanged in range of 5.25% to 5.50% for fifth straight time.
Today, the US Federal Reserve (@federalreserve) announced its decision on interest rates after a two-day meeting of the Federal Open Market Committee (FOMC), maintaining the benchmark interest rates at 5.25% - 5.50% for the fifth consecutive meeting, in line with market… https://t.co/GndWhTIn7u