FinancePolitics

Interest rate hike halted for now but two more are likely

Fed
Feds interest rate halted

In its recent announcement on Wednesday, the Federal Reserve decided to maintain its key interest rate, despite having escalated it ten times previously in an attempt to counter high inflation. However, the Fed hinted at possible adjustments in the near future, indicating that they may implement two additional rate increases within this year, with the initial adjustment potentially occurring as early as next month. While the current scenario remains stable, future shifts in economic strategies may be imminent.

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