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CATEGORY: benchmark interest rate


Feb 01, 2024 05:18

Fed Maintains Interest Rates, Seeks Greater Confidence on Inflation Goal; Bitcoin and Gold Hold Steady

On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve opted to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) additionally stated that the committee “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation” is steadily approaching the 2% mark. As [...]

The post Fed Maintains Interest Rates, Seeks Greater Confidence on Inflation Goal; Bitcoin and Gold Hold Steady appeared first on Crypto Breaking News.

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