US Fed Holds Rates Steady at 3.5–3.75% Amid Weak Job Gains and High Inflation
US, Jan 29 : The US Federal Reserve has kept its benchmark interest rate unchanged at 3.5 to 3.75 per cent following its January 27–28 policy meeting, pointing to modest job growth, signs of labour market stability and inflation that remains above target.
In its policy statement issued on January 28, the Federal Open Market Committee said it voted…
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