Federal Reserve Holds Rates Steady Amid Inflation Concerns; Outlook Remains ‘Uncertain’

On Wednesday, May 1, 2024, the U.S. Federal Reserve chose to support the benchmark involvement rates astatine their highest successful 23 years. The Federal Open Market Committee (FOMC) members noted that though ostentation has subsided, it inactive “remains elevated.” No Change successful Federal Funds Rate; Fed Continues Watchful Eye connected Inflation Risks On Wednesday, the […]