US Federal Reserve holds interest rates steady at 5.25% to 5.5%
The US Federal Reserve maintained interest rates at 5.25% to 5.5%, signaling a possible rate cut in September if inflation trends improve. The decision reflects ongoing efforts to manage inflation towards the 2% target while reducing its securities holdings.
after close1 source ↓written by the desknot a recommendation
- amid cooling inflation
- 5.25% to 5.5%
- inflation trends towards
- 2%
The US Federal Reserve has decided to keep interest rates unchanged at 5.25% to 5.5% amid cooling inflation. The FOMC hinted at a potential rate cut in September, contingent on sustainable inflation trends towards 2%. The committee will also continue reducing its holdings of Treasury and mortgage-backed securities.
Not investment advice. For informational purposes only.