Fed holds rates, sees slower growth and higher inflation
Fed kept the benchmark federal funds rate in a range of 4.25%-4.5%
Federal Reserve officials held their benchmark interest rate steady for a second straight meeting, though they telegraphed expectations for slower economic growth and higher inflation. The Federal Open Market Committee voted on Wednesday to keep the benchmark federal funds rate in a range of 4.25%-4.5%, and said it would begin slowing the pace at which […]
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