The Fed announced it's leaving interest rates unchanged for now. It comes as the central bank is projecting fewer cuts for 2024, despite cooling inflation.
The Federal Reserve on Wednesday held interest rates steady for the seventh straight time and scaled back the outlook for rate reductions later this year as high inflation lingers.
US delays interest rate cut and holds at 20-year high as inflation cools inews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inews.co.uk Daily Mail and Mail on Sunday newspapers.