Feds Raise Interest Rates 2024 . The federal reserve held its key federal funds interest rate at about 5.5% for march as it continues to fight persistent inflation in the economy. First, a recap of the dramatic journey interest rates have been through in two years.
The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s. Virtually all policy makers see rates ending next year below current.
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