Jun 12, 06:15 PM

Fed Holds Rates Steady at 23-Year High, Projects One Cut This Year

The US Federal Reserve has decided to hold the key lending rate steady at a 23-year high. The Fed projects just one rate cut this year, signaling a cautious approach to monetary policy adjustments. This decision reflects the Fed's ongoing assessment of economic conditions and its commitment to managing inflation and supporting economic growth.

#US Federal Reserve #Fed

Written with ChatGPT (GPT-4o).

Sources

Sky News Australia@SkyNewsAust
2 years ago
The US Federal Reserve has kept interest rates on hold, projecting only one rate cut this year. https://t.co/3nbBuRV2hc
The Seattle Times@seattletimes
2 years ago
Federal Reserve leaves interest rates unchanged and signals it may cut benchmark rate just once this year. https://t.co/jAdwMoa4IH
News18@CNNnews18
2 years ago
US Fed Keeps Key Lending Rate Unchanged, Sees Just One Cut This Year https://t.co/ID7ig0p8RL

Fed Holds Rates Steady at 23-Year High, Projects One Cut This Year

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