Fed leaves interest rates at 22-year high but pushes back on rate cuts
Published
The decision means the federal funds rate will remain at a 22-year high, standing in a range of 5.25 to 5.50 per cent.
Full ArticlePublished
The decision means the federal funds rate will remain at a 22-year high, standing in a range of 5.25 to 5.50 per cent.
Full ArticlePresident Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation..
The Fed kept its key rate unchanged at about 5.4 per cent, a 22-year high. But in a statement, it signalled a shift by dropping..