US Fed keeps rates steady, believes time to cut rates is yet to come
Thu, Feb 1, 2024 9:56 AM

US Fed keeps rates steady, believes time to cut rates is yet to come

A Flip by Shubhangi Gupta
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The US Federal Reserve has decided to maintain interest rates, citing a balanced risk for inflation and employment. While acknowledging economic uncertainty, the Fed says inflation is still high and they will not lower rates unless it sustains at 2%. This decision has led to changes in treasury yields, dollar index, and S&P 500 index. Stay tuned for updates.

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