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Fed Holds Interest Rates

6 countries ๐Ÿ‡ฆ๐Ÿ‡น ๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ‡ท๐Ÿ‡ด ๐Ÿ‡ฎ๐Ÿ‡ฉ ๐Ÿ‡ป๐Ÿ‡ช ๐Ÿ‡จ๐Ÿ‡ญ Economy & Trade

6 articles from 6 countries

The U.S. Federal Reserve, under new Chair Kevin Warsh, maintained its key interest rate at 3.5 to 3.75 percent. This decision was unanimous, though Warsh admits to "elevated uncertainty" regarding global events. The Fed also signaled a potential year-end rate hike, leading to a fall on Wall Street.

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.