Federal Reserve holds interest rates steady, signals no rate change through 2020

Federal Reserve holds interest rates steady, signals no rate change through 2020

The Federal Reserve held interest rates steady following its two-day meeting this week and indicated that no action is likely next year amid persistently low inflation. The decision by the U.S. central bank’s rate-setting committee left the benchmark overnight lending rate in its current target range between 1.50% and 1.75%.

Chris
Chris
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