logo
 
The United States Federal Reserve kept its federal funds rate unchanged amid recent weak economic data and tepid inflation.The Fed said in a statement released yesterday after the two day policy meeting. The Fed raised its target range for the federal funds rate by 25 basis points to



0.25-0.5 percent in December last year, the first rate hike in nearly a decade. 
However, a slowdown in global economy since the start of this year and other global financial risks have made Fed policymakers cautious to hold off on any further rate hikes.

No Comments For This Post, Be first to write a Comment.
Leave a Comment
Name:
Email:
Comment:
Enter the code shown:


Can't read the image? click here to refresh
etemaad live tv watch now

Todays Epaper

English Weekly

neerus indian ethnic wear
Latest Urdu News

Which political party will win the Jammu and Kashmir assembly elections 2024?

BJP
Congress
J&K National Conference