US FED PAUSES AFTER 15 MONTHS, BUT NOT DONE WITH HIKES YET
- NEWS Desk Global
- Jun 15, 2023
- 1 min read
The US Federal Reserve kept interest rates unchanged on Wednesday but signalled in new economic projections that borrowing costs will likely rise by another half of a percentage point by the end of this year. The move came as the US central bank reacted to a stronger-than-expected economy and a slower decline in inflation.
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