After a two-day Federal Open Market Committee meeting, members decided to maintain the rates at 5.25% – 5.50% for the seventh consecutive time. Notably, this decision was also in line with Wall Street predictions.
The revised forecast means that the FOMC now anticipates only one 0.25 percentage point rate cut before the end of the year.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »