June 13, 2024 9:58 PM
US Federal Reserve Bank keeps its benchmark interest rate between 5.25pc and 5.50pc
The US Federal Reserve Bank (Fed) voted unanimously to keep its benchmark interest rate between 5.25 and 5.50 percent, and said that "modest" progress had been made toward its long-term inflation target of 2 percent. The announcement suggests that central bank officials remain wary about ...