Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

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Source: Coindesk.com

As expected, the Federal Open Market Committee of the U.S. Federal Reserve on Wednesday left its benchmark fed funds rate range unchanged at 5.25-5.50%.

Also pretty much as expected, the FOMC acknowledged that progress on lower inflation has stalled this year and said it wouldn't be appropriate to trim rates until it has greater confidence inflation is

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Source: Coindesk.com

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