20 Hrs
Source:
Sky News
Fed holds rates ahead of 2026 hike
The U.S. Federal Reserve has kept interest rates unchanged, with expectations of a hike by the end of 2026 due to rising inflation, which reached 3.8% in April—the highest level in three years. The new forecasts indicate a likelihood of at least one increase in interest rates over the next year, alongside some indications of a shift in future monetary policy guidance.
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