The Fed held interest rates steady — but the fight against inflation is not over yet
The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.
The Federal Reserve left interest rates unchanged Wednesday, but signaled that future rate hikes are still possible if that's what it takes to curb stubborn inflation.
This was the second meeting in a row in which policymakers held rates steady at 5.25% to 5.5%, following an aggressive series of increases over the previous year-and-a-half.
