washington: The US Federal Reserve The Federal Reserve voted on Wednesday to pause its aggressive campaign to raise interest rates despite “elevated” inflation, while a sharp increase may be needed before the end of the year.
10 After rising straight, irrigatedThe central bank said in a statement, ‘The rate-setting committee voted to keep its benchmark lending rate between 5.0 percent and 5.25 percent. It added that doing so allows policy makers “to have additional information for monetary policy and to assess its effects.”
10 After rising straight, irrigatedThe central bank said in a statement, ‘The rate-setting committee voted to keep its benchmark lending rate between 5.0 percent and 5.25 percent. It added that doing so allows policy makers “to have additional information for monetary policy and to assess its effects.”