Fed pauses interest rate hikes: keeps it at 5 to 5.25%.
The U.S. Federal Reserve kept its interest rate in a range of five to 5.25 percent, after 10 consecutive announcements in which it raised its benchmark by a total of 500 basis points. In its statement, the Fed's Federal Open Market Committee specified that the body "would be prepared" to adjust the monetary policy stance if risks arise that could prevent a decline in…
This article is available to Insider Pro subscribers only.Sign in or register to be an Insider Pro and access ALL LOCKED articles.
Your Financial Future: Inflation rate improving but prices remain high
Fed struggles to find new leverage as strong economy, inflation refuse to budge much
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News