US Fed maintains interest rates between 5.25-5.5%, suggests possible rate cut.

From Google: 2024-08-01 00:35:18

The US Fed announced interest rates to remain steady at 5.25-5.5% for the eighth consecutive meeting. Additionally, hints of a rate cut were given, citing economic uncertainties and global concerns. The decision comes as a response to slow economic growth and low inflation rates, affecting markets and investors worldwide.



Read more at Google: US Fed policy decision: Interest rate steady at 5.25-5.5% for the eighth consecutive meeting, hints rate cu… – Zee Business