Tuesday, 02 January 2024 12:17 GMT

US Fed Keeps Interest Rates Unchanged


(MENAFN- The Peninsula) QNA

Washington: The US Federal Reserve held interest rates on the back of the Federal Open Market Committee (FOMC) meeting that took place today.

Members voted 9-2 to hold rates, with the other two members in favor of cutting rates. As a result, interest rates will remain in a range of 4.25%-4.5% until at least September.

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The Peninsula

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