US Fed: "Inflation remains somewhat high... Unanimous decision to hold rates"

Source
JH Kim

Summary

  • The United States Federal Reserve reported that the decision to hold interest rates was made unanimously.
  • Inflation remains at a somewhat high level, indicating the need for attention to economic indicators.
  • The unemployment rate is stable, and the labor market is strong.

On the 29th (local time), the United States Federal Reserve (Fed) announced in a statement that "the decision to hold the current interest rate was made unanimously."

The Fed stated, "Payment activities continue to expand at a steady pace," and "the unemployment rate is stable, and the labor market remains strong. However, inflation remains somewhat high."

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?