The Fed leaves rates unchanged between 5.25% and 5.50% - Companies

2024-01-31T19:29:42.746Z

Highlights: The Fed leaves rates unchanged between 5.25% and 5.50% - Companies. The cost of money remains at its highest level since 2001, unchanged since July. Inflation has slowed over the past year but still remains high. The Fed stated this at the end of the two-day meeting, speaking of economic activity that is growing at a rapid pace. The Fed doesn't see a rate cut until it has greater confidence that inflation is moving and approaching 2%. Inflation slows but remains high (ANSA)

The cost of money remains at its highest level since 2001, unchanged since July. Inflation slows but remains high (ANSA)