✉news BusinessEconomy first seen 17 h ago, last 17 h ago, peak #14
Fed holds rates and upgrades economic outlook
Original: Fed holds rates as expected and upgrades view on economy
The US Federal Reserve kept interest rates unchanged at its latest policy meeting, in line with expectations, while upgrading its assessment of the US economy. Markets and analysts will now scrutinise the Fed's revised projections and chair Jerome Powell's remarks for clues on the timing of any future rate moves.
Why now: Investors are watching the Fed closely for signals on the direction of interest rates and the health of the US economy.
Federal ReserveJerome PowellUnited States
Evidence
- Fed holds rates as expected and upgrades view on economy · Financial Times
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