Fed stays on hold, still expects two rate cuts this year despite ‘uncertainty’

Fed stays on hold, still expects two rate cuts this year despite ‘uncertainty’

The Federal Reserve held interest rates steady, as expected, but US central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the end of this year. The Federal Reserve held interest rates steady, as expected, but US central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by the end of this year. Business / Markets Sydney Morning Herald – Latest News

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