Hopes dashed for rate cuts this year

FED The Federal Reserve System the central banking system of the United States of America.

The Federal Reserve left interest rates unchanged at 5.25% to 5.5% after their latest meeting on Wednesday, June 12. It pushes the prospect of rate cuts this year to as late as December – if they are to come at all, with Chair Jerome Powell signalling he was content not to rock the boat. Today’s outlook […]

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