17 Hrs
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الاقتصادية
Fed maintains interest rate at 3.5–3.75%
The U.S. Federal Reserve decided to keep interest rates steady within the range of 3.5% to 3.75% for the fifth consecutive time, amid expectations from most investors that rates will remain unchanged rather than increase. This decision comes after a sharp slowdown in inflation in June, when the annual inflation rate fell to 3.5%, and the Consumer Price Index decreased by 0.4% month-on-month—first decline since April 2020. The drop is attributed to lower energy prices and a reduction in regional tensions. Officials emphasize that the current policy focuses on monitoring inflation risks; some experts believe temporary increases in energy prices can be ignored. However, sustained pressures could lead to further inflation, jeopardizing the 2% inflation target. Additionally, regional tensions and disruptions in the Bab el-Mandeb and Hormuz straits remain factors that could cause fluctuations in energy prices despite recent declines.
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