The Fed has decided to keep the benchmark interest rates stable in the range of 4.25% to 4.5%.
This is the fourth consecutive time that Powell and the FOMC have opted not to cut rates.
According to assessments, there are projections of two rate cuts this year, totaling 50 basis points.
The Federal Reserve has again decided to keep interest rates unchanged after the June FOMC meeting. This aligns with expectations that it is unlikely the U.S. Central Bank will begin quantitative easing (QE) until the end of this year.
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