Fed isn't yet ready to cut interest rate, it signals in new statement

Fed isn't yet ready to cut interest rate, it signals in new statement

Upworthy

Published

The Federal Reserve indicated Wednesday that its long-awaited shift toward cutting interest rates is still some distance away, a sign that officials are confident that they’re close to fully taming inflation. The Fed kept its key rate unchanged at about 5.4%, a 22-year high. In a statement, it…

#federalreserve #republicans #nt #euro #europeancentralbank

Full Article