FED MEETING: Holds Key Rates Steady at 5.25-5.50% for Seventh Straight Meeting
Introduction The US Federal Reserve has once again held its benchmark interest rates steady at the 23-year high range of 5.25% to 5.50%. This decision marks the seventh consecutive meeting in which rates have been left unchanged, a move closely watched by economists, investors, and the general public. The Federal Open Market Committee (FOMC), led…