the Federal Reserve The Federal Reserve held interest rates steady for the third meeting and gave the clearest signal yet that its aggressive rate hike campaign is over by forecasting a series of cuts next year.
The officials decided unanimously To leave the target range of the criterion Federal funds rate At 5.25% to 5.5%, the highest since 2001. Policymakers did not expect any further interest rate increases in their forecasts for the first time since March 2021, based on the median estimate.