Fed opts for small rate hike, still expects to deliver 'ongoing increases'

Fed opts for small rate hike, still expects to deliver 'ongoing increases'

“Inflation has eased somewhat but remains elevated,” the U.S. central bank said in a statement that marked an explicit acknowledgement of the progress made in lowering the pace of price increases from the 40-year highs hit last year.

Leave a Reply

Your email address will not be published. Required fields are marked *