News summary
The Federal Reserve announced that it would maintain the target range of the federal funds rate unchanged. Securities Times Company E News. According to Reuters, on May 1 local time, the Federal Reserve announced that it would maintain the target range of the federal funds rate at 5.arcadenearby.25% to 5.5%, and said it was higher than expectedarcadenearbyinflation data...
Newsletter text
The Federal Reserve announced that it will keep the target range of the federal funds rate unchanged. Securities Times Company E News, according to Reuters, on May 1 local time, the Federal Reserve announced that it will maintain the target range of the federal funds rate between 5.25% and 5.5%. It also said that due to higher-than-expected inflation data, it will continue to delay the first interest rate cut. This is the sixth consecutive time since September last year that the Federal Reserve has kept interest rates unchanged.