Federal Reserve Holds Steady on Interest Rates, What It Means for the Economy?
Fed Holds Steady on Interest Rates, Anticipates More Stringent Policy Until 2024. The U.S. Federal Reserve has decided to keep interest rates unchanged while adopting a notably more hawkish stance. The Fed’s decision includes another rate increase by year-end and a commitment to maintain significantly tighter monetary policies through 2024, contrary to previous expectations. In…