Fed holds rates steady, flags 'lack of further progress' on inflation

Fed holds rates steady, flags 'lack of further progress' on inflation

HomeABS-CBN, NewsFed holds rates steady, flags 'lack of further progress' on inflation
Fed holds rates steady, flags 'lack of further progress' on inflation
The US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing inflation readings and suggested a possible stall in the movement towards more balance in the economy.

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