Fed holds interest rates steady in what will likely be Powell’s last meeting

Source: Washington Examiner · Bias: Center Right

Summary

The Federal Reserve voted Wednesday to hold its interest rate target steady in what will likely be the last meeting for outgoing Fed Chairman Jerome Powell. After a two-day meeting in Washington, the Fed’s monetary policy committee announced it would hold its rate target at a range of 3.50% to 3.75%. Investors had expected that […]

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Fed holds interest rates steady in what will likely be Powell’s last meeting
Washington Examiner

Fed holds interest rates steady in what will likely be Powell’s last meeting

Center Right

The Federal Reserve voted Wednesday to hold its interest rate target steady in what will likely be the last meeting for outgoing Fed Chairman Jerome Powell. After a two-day meeting in Washington, the Fed’s monetary policy committee announced it would hold its rate target at a range of 3.50% to 3.75%. Investors had expected that […]