August 1, 2024 8:25 AM August 1, 2024 8:25 AM
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US Federal Reserve keeps interest rates unchanged at 5.25% to 5.5%; Hints at rate cut in September
The US Federal Reserve has left interest rates unchanged at 5.25 per cent to 5.5 per cent, as inflation continues to cool, hinting that a rate cut might come as soon as September. The Federal Open Market Committee (FOMC), the Fed's policy-setting body, ended its latest two-day policy meeting with ...