Fed Holds Rates Steady as Expected Amid Elevated Inflation
The Federal Reserve held interest rates steady on Wednesday. The FOMC approved its statement by a 10–2 vote.
The U.S. Federal Reserve held interest rates steady on Wednesday amid elevated inflation and a strong job market. The Federal Open Market Committee approved the following statement for release by a 10—2 vote.This move comes as the Fed pivots its attention to inflation amid energy price fluctuations…