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Fed leaves rates unchanged, says three cuts still planned

The Fed chairman gave a speech following the central bank’s interest rate decision. With inflation remaining high for many Americans, the Fed kept interest rates on hold for the fifth straight time at its March meeting. Policymakers also said they remain committed to delivering three rate cuts this year, although plans for rate cuts may […]

Fed keeps interest rates unchanged, still expects three cuts this year

The US Federal Reserve (Fed) left interest rates unchanged after its meeting on Wednesday. The move was widely expected after the central bank had warned that it “does not expect” rate cuts to be appropriate until it has greater confidence that inflation is sustainable. Towards 2%. ” Central bank officials have signaled they still expect […]