The Federal Reserve holds interest rates steady but signals rate cuts may be coming
The Federal Reserve held interest rates steady on Wednesday, but indicated that rates could fall in the coming months if inflation continues to cool.
by Scott Horsley
Jan 31, 2024
2 minutes
The Federal Reserve held interest rates steady on Wednesday but signaled that rates could fall in the coming months if inflation continues to cool.
Policy makers have kept their benchmark interest rate between 5.25% to 5.5% — the highest in over two decades — since July.
In its , the Fed's rate-setting committee replaced
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