#whatareinterestrates

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Fed holds interest rates steady, postponing rate cuts amid stubborn inflation
Streaming now at https://abc7chicago.com/watch/live/11064984/. The Federal Reserve held its key interest rate steady Wednesday for the fifth consecutive meeting. READ MORE | https://abc7chicago.com/federal-interest-rates-today-what-are-current/14548219/
How the Fed Steers Interest Rates to Guide the Entire Economy | WSJ
The Federal Reserve's main tool for managing the economy is to change the federal funds rate, which can affect not only borrowing costs for consumers but also shape broader decisions by companies like how many people to hire. WSJ explains how the Fed manip