Fed holds rates steady as it notes rising uncertainty and stagflation risk

Fed holds rates steady as it notes rising uncertainty and stagflation risk


Key Points
  • The Federal Reserve held its key interest rate unchanged in a range between 4.25%-4.5%, where it has been since December.
  • The post-meeting statement noted the recent market volatility and how that is factoring into the central bank’s policy decisions.
  • “Uncertainty about the economic outlook has increased further,” the statement said.



Source

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