Will The Fed Raise Interest Rates In May 2024. The fed on wednesday said it is keeping the federal funds rate in a range of 5.25% to 5.5%, the same level it has held since the central bank's july 2023 meeting,. If trump successfully installs fed leadership that will cut interest rates on his orders, it.
The federal reserve said wednesday it was keeping its key interest rate unchanged as it fights elevated inflation rates that have been pinching u.s. Markets expect no change in interest rates from the fed on may 1.
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