interest rates

The US Federal Reserve has kept the rates stable, sees inflation as ‘elevated’

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Washington – The Federal Reserve left its benchmark interest rate unchanged on Wednesday after cutting three times in a line last year, indicating a more alert approach as Fed attempted to gauge that inflation has led to and what Policies may chase President Donald Trump. In a statement, Fed said that the job market is … Read more

US Federal Reserve cuts key lending rate by quarter point

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Washington— The Federal Reserve cut its key interest rate by a quarter point on Wednesday – its third cut this year – but also signaled it expects to lower rates more slowly next year than before. Mainly due to still high inflation. The Fed’s 19 policymakers estimated they would cut their benchmark rate by a … Read more