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Fed Holds Benchmark Rate Steady, in Line With Market Expectations

Source
JH Kim

The Federal Reserve's Federal Open Market Committee announced in an official statement on Oct. 28 that it would hold its benchmark interest rate unchanged.

The decision was in line with market expectations. The U.S. benchmark rate remains in a range of 3.75% to 4.00%.

Photo: Shutterstock
Photo: Shutterstock
#Interest Rate
JH Kim

JH Kim

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

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