US Federal Reserve keeps interest rate unchanged at 5.25%-5.50% as inflation sticks • FRANCE 24

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight. The US central bank will slow down the pace of quantitative tightening from next month, reducing the cap on Treasury bonds it allows to run off each month to $25 billion from the current $60 billion.
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[@happymelon7129]

Ye11en should lecture them the $ printer has overcapacity.
$ printer already go blurrrrrrrrrrr

[@Sportclub18]

We should be raising interest rates!!!

[@philippusgouws7852]

The world pay for their inflation

[@happymelon7129]

100ted 25% wealth from everyone on earth

[@davidschlageter5962]

Japanese tourists in the louvre were like photographing locusts ironic they now put up screens in Japan

[@AtaulHoqueChowdhury]

Make it 6.00%

[@glennsheppy2159]

Love France 24. Merci Mille fois d'etre ici pour nous.!

[@happymelon7129]

100ted 25% wealth from everyone on earth.

[@sisinyc]

Crime