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PiCK

US holds benchmark rate steady...in line with market expectations

Source
JH Kim

The Federal Open Market Committee (FOMC) of the US Federal Reserve (Fed) announced in an official statement on the 18th (local time) that it would keep its benchmark interest rate unchanged. This aligns with market expectations.

As a result, the US benchmark rate remained at 3.50%–3.75%.

Photo=Shutterstock
Photo=Shutterstock
#Macroeconomy
#Policy
#Analysis
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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