The Federal Reserve has kept interest rates down, fearing rising inflation

#Federal #Reserve #interest #rates #fearing #rising #inflation Jerome Powell has signaled that another rate hike is unlikely The Federal Reserve voted unanimously to keep interest rates in the US in the range of 5.25%-5.5%, reports Bloomberg. The institution expressed its concerns about inflation, which cannot be controlled, but signaled that it would rather keep interest … Continue reading The Federal Reserve has kept interest rates down, fearing rising inflation