DistantNews
Support us

Federal Reserve Holds Rates

7 countries ๐Ÿ‡ฆ๐Ÿ‡น ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ท๐Ÿ‡ด ๐Ÿ‡ป๐Ÿ‡ช ๐Ÿ‡ฐ๐Ÿ‡ท ๐Ÿ‡ณ๐Ÿ‡ฑ ๐Ÿ‡ฆ๐Ÿ‡ท Economy & Trade

7 articles from 7 countries

The U.S. Federal Reserve maintains its key interest rate at 3.50% to 3.75%, with Chair Kevin Warsh presiding over the unanimous decision. The Fed signals a potential rate hike by year-end amid 'elevated uncertainty,' particularly concerning the Iran war. This policy decision comes as Wall Street experiences a downturn.

๐Ÿ‡ฆ๐Ÿ‡น Austria/German

Key interest rate unchanged: Where the US Federal Reserve under Kevin Warsh is headed

- The US Federal Reserve, under new Chair Kevin Warsh, maintained its key interest rate at 3.5 to 3.75 percent. - The decision was unanimous, but Fed officials hold differing views on the future path of interest rates. - An increasing number of central bankers now anticipate a rate hike later in the year, despite current inflation and rising fuel prices.