Fed officials made a unanimous decision to keep the overnight interest rate in the current 4.25%-4.50% range.
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EURUSD slides to near 1.0400 in Wednesday’s North American session, with investors focusing on the Federal Reserve monetary policy announcement at 19:00 GMT. The Fed is widely anticipated to keep interest rates steady in the range of 4.25-4.50% as officials are worried that the disinflation trend toward the central bank’s target of 2% has stalled and the labour market has stabilised. As markets have fully priced in that the Fed will keep rates unchanged, investors will pay close attention to Chair Jerome Powell’s press conference. They would be keen to know for how long the Fed will keep interest rates at current
Fed officials made a unanimous decision to keep the overnight interest rate in the current 4.25%-4.50% range.
EURUSD trades cautiously around 1.0420 in Thursday’s European session as investors focus on the European Central Bank’s monetary policy decision...
The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green,...
The Federal Open Market Committee maintained its policy rate in the target range of 4.25-4.5% on Wednesday, a move predicted last year by Nigel Green,...
WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it [...]
Federal Reserve officials are expected to leave interest rates steady this week, giving themselves more time to lower inflation and to assess how...
The Fed held rates as was widely expected at 4.25 per cent-4.50 per cent, with Fed Chair Jerome Powell saying that the US central bank is in "no...
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign...
The Federal Reserve held interest rates steady on Wednesday and gave little insight into when further reductions in borrowing costs may take place...
NEW YORK (AP) — U.S. stocks are edging lower after the Federal Reserve opted not to cut interest rates for the first time since it began trying to...