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Fed Holds Interest Rates Steady For June

Video Credit: Wochit News - Duration: 00:42s - Published < > Embed
Fed Holds Interest Rates Steady For June

Fed Holds Interest Rates Steady For June

According to Reuters, the Federal Reserve held interest rates steady and signaled a possible cut later in the year.

Responding to economic uncertainty and an unexpected drop in the inflation rate, the Fed decided to leave the federal funds rate alone.

The Federal Open Market Committee will meet again in July, when the Fed may choose to begin lowering interest rates in response to economic changes.

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Fed Holds Interest Rates Steady For June

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2, 2017, FILE PHOTO A JUNE 4, 2019, FILE PHOTO FEB.

5, 2018, FILE PHOTO JUNE 4, 2019, FILE PHOTO JUNE 19, 2015, FILE PHOTO




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