Fed Holds Rate Steady, Aiming for ‘Greater Confidence’ in Inflation Control
On Wednesday, Jan. 31, 2023, the U.S. Federal Reserve made the decision to maintain the federal funds rate unchanged. The Federal Open Market Committee (FOMC) also stated that the committee "does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation" is steadily approaching the 2% […]
Fed Holds Rate Steady, Aiming for ‘Greater Confidence’ in Inflation Control Read More »