US Fed Keeps Key Lending Rate Unchanged, Sees Just One Cut This Year

US Fed Keeps Key Lending Rate Unchanged, Sees Just One Cut This Year

Last Updated: June 12, 2024, 23:44 IST Washington D.C., United States of America (USA) Fed officials also raised their inflation forecasts for 2024 and kept their growth outlook unchanged. (Photo: AP file) The announcement suggests that central bank officials remain wary about cutting rates too soon, despite consumer inflation data published earlier Wednesday, which pointed … Read more