The US Federal Reserve voted Wednesday to carry rates of interest at a 22-year excessive for the second straight assembly, because it strikes to gradual cussed inflation with out damaging the robust financial system.
The Fed’s resolution to maintain its benchmark lending charge between 5.25 % and 5.50 % offers policymakers time to “assess additional information and its implications for monetary policy,” the central financial institution mentioned in a press release.
Source: www.dailysabah.com