The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up.
The US Federal Reserve on Wednesday kept its federal funds rate unchanged in the 5.25%-5.5% target range, as widely expected, which is the highest level in 23 years. "Recent indicators suggest ...
While growth slows down, inflation has increased. The personal consumption expenditures (PCE) price index grew 3.4 percent in this year's first three months, according to the report. That marks a ...