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Vol. I · No. 30 Texas Edition
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Federal Reserve holds interest rates steady in face of persistent inflation

By Max Rego and The Hill 0 views 0 comments
Federal Reserve holds interest rates steady in face of persistent inflation
Image: KTSM El Paso

Federal Reserve officials held interest rates steady Wednesday despite stubborn inflation. The central bank's Federal Open Market Committee (FOMC) voted 10-2 to keep the benchmark federal funds rate range at 3.75 percent to 4 percent. "The committee believes that the accumulation of more information will help it determine the policy stance appropriate to ensure a [...]

KTSM El Paso Original story · www.ktsm.com
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