Federal Reserve Maintains Interest Rates and Signals Reduced Urgency for Policy Easing
The Federal Reserve kept interest rates steady on Wednesday after officials observed a clearer growth outlook. Policymakers cited diminished risks to inflation.
The Federal Reserve's Federal Open Market Committee voted 10-2 on Wednesday to hold the benchmark federal funds rate at 3.50%–3.75%. During a press conference following the decision in the US 
US, Fed Chair Jerome Powell jerome powellstated that the outlook for economic growth has clearly improved and risks to both inflation and employment have diminished. He conveyed no immediate urgency for further rate cuts, noting that the central bank remains well-positioned to assess when or whether another reduction may be needed.
US, Fed Chair Jerome Powell jerome powellstated that the outlook for economic growth has clearly improved and risks to both inflation and employment have diminished. He conveyed no immediate urgency for further rate cuts, noting that the central bank remains well-positioned to assess when or whether another reduction may be needed.
