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Fed keeps interest rates steady; Powell indicates rate cuts in 2024 6 месяцев назад


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Fed keeps interest rates steady; Powell indicates rate cuts in 2024

The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting a series of cuts next year. Officials decided unanimously to leave the target range for the benchmark federal funds rate at 5.25% to 5.5%, the highest since 2001. Policymakers penciled in no further interest-rate hikes in their projections for the first time since March 2021, based on the median estimate. ► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTim... ► More Videos @ ETTV - http://economictimes.indiatimes.com/TV ► http://EconomicTimes.com ► For business news on the go, download ET app: https://etapp.onelink.me/tOvY/Economi... Follow ET on: ► Facebook -   / economictimes   ► Twitter -   / economictimes   ► LinkedIn -   / economictimes   ► Instagram -   / the_economic_times   ► Flipboard - https://flipboard.com/@economictimes The Economic Times | A Times Internet Limited product

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