The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting a series of cuts next year. Officials decided unanimously to leave the target range for the benchmark federal funds rate at 5.25% to 5.5%, the highest since 2001. Policymakers penciled in no further interest-rate hikes in their projections for the first time since March 2021, based on the median estimate.
► Subscribe to The Economic Times for latest video updates. It's free! - http://www.youtube.com/TheEconomicTim...
► More Videos @ ETTV - http://economictimes.indiatimes.com/TV
► http://EconomicTimes.com
► For business news on the go, download ET app:
https://etapp.onelink.me/tOvY/Economi...
Follow ET on:
► Facebook - / economictimes
► Twitter - / economictimes
► LinkedIn - / economictimes
► Instagram - / the_economic_times
► Flipboard - https://flipboard.com/@economictimes
The Economic Times | A Times Internet Limited product
