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US Federal Reserve leaves key interest rate unchanged, UAE Central Bank hits pause

By iAmpBnbro789
20 September 2023

The US Federal Reserve kept its key policy rate unchanged at a 22-year-high on Wednesday – the second time it has hit the pause button this year – while forecasting an additional rate hike before the end of the year to bring down inflation. The Fed’s decision to…

By iAmpBnbro789
20 September 2023

Washington: Analysts expect the US Federal Reserve to pause interest rate hikes on Wednesday as the central bank looks to tame inflation while avoiding a recession, despite a recent energy-fueled rise in consumer prices. After 11 interest rate hikes since March last year, inflation has fallen sharply but…

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US Federal Reserve leaves key interest rate unchanged, UAE Central Bank hits pause

US Fed likely to pause rate hikes and raise growth forecast