WASHINGTON.- This Wednesday, the United States Federal Reserve (Fed) announced that it is maintaining interest rates in their current range of 5.25% to 5.5% and contemplated a possible cut in the remainder of the year, one less than previously anticipated.
“In considering any adjustment, the Committee will carefully monitor incoming information, the outlook and the balance of risks,” the US regulator said following leaving rates at their highest level since 2001.
Members of the Federal Open Market Committee (FOMC), the body responsible for deciding whether or not to raise rates, made this decision at the end of a two-day meeting.
The United States Federal Reserve (Fed) decided to keep its main interest rate or reference rate unchanged in a range of 5.25% and 5.50%, the highest in two decades.
Although it was announced today that US inflation fell by one-tenth to 3.3% monthly in May, it is still above the Fed’s target of 2% annual inflation.
Given these conditions, the idea that if there is a cut in interest rates this year, it might be as late as the last quarter of the year, that is, between September and December, is gaining strength.
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2024-07-09 10:02:15
