Federal Reserve Holds Rate Steady, Aims for ‘Greater Confidence’ in Inflation Control
Fed Maintains Federal Funds Rate On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve made the decision to keep the federal funds rate unchanged. The Federal Open Market Committee (FOMC) also stated that it does not expect to lower the target range until it is more confident that inflation is steadily approaching the 2% mark. […]
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