The Federal Reserve held interest rates steady for the fourth straight meeting and signaled its openness to cutting them. In a statement issued after their two-day meeting, Fed officials dropped their previous assertion that a rate hike was possible. Mike McKee reports.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-01-31/fed-holds-rates-steady-and-inches-closer-to-cutting-in-future
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For more on this story, please see: https://www.bloomberg.com/news/articles/2024-01-31/fed-holds-rates-steady-and-inches-closer-to-cutting-in-future
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Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
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