POPA Recon🇺🇸 Fed rate freeze, uncertainty and rising inflation risk warning
🇺🇸 Fed rate freeze, uncertainty and rising inflation risk warning The Federal Reserve left interest rates unchanged at 3.50-3.75%, giving no sign of when to cut rates and citing high uncertainty caused by Middle East tensions. Key Points: - The economy is still growing at a solid pace - Employment growth is modest; unemployment is stable - Inflation is now categorized as "high" (up from "somewhat higher"), driven by energy prices - Fed Watches Risk For Both Growth And Inflation The decision was passed 8–4, with the most dissenting opinions since 1992: - One member supports rate cut - 3 o…
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