HomeEconomyUS Federal Reserve keeps key lending rate unchanged

US Federal Reserve keeps key lending rate unchanged

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The US Federal Reserve left its key lending charge unchanged once more on Wednesday and mentioned it had made “some further progress” in its inflation combat.

Policymakers voted unanimously to keep up the US central financial institution’s benchmark rate of interest between 5.25 p.c and 5.50 p.c, the Fed introduced in a press release, including it was “attentive to the risks to both sides of its dual mandate.”

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