Federal Reserve Chairman Jerome Powell announced the board’s decision to hold the interest rates unchanged at a 23-year high following a two-day Federal Open Market Committee (FOMC) meeting. Though economists speculated an interest relaxation, the Fed declared that the rate would remain unchanged at 5.25% to 5.5%, considering its significant impact on cooling inflation. In The post Interest Rates Remain Unchanged at a 23-Year High After FOMC Meeting appeared first on Coin Edition .
