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Fed keeps key policy rate unchanged at 5.25%-5.50%, as widely expected

Summary by Seeking Alpha
The U.S. Federal Reserve on Wednesday kept its benchmark policy rate unchanged in the 5.25%-5.50% range for a seventh straight meeting. Read more here.

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United States: the Fed maintains its rates unchanged, in a range of 5.25 to 5.50%

As expected, the American Federal Reserve (Fed) maintained the “fed funds” rate target on Wednesday at 5.25%-5.50% for the seventh time in a row, a decision taken unanimously.

·France
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Il Sole 24 OreIl Sole 24 Ore
Lean Right

The Fed does not touch rates: unchanged at 5.25-5.50%. Only one cut is expected in 2024

Only a rate cut of 25 basis points is expected in 2024. This is what emerges from the dot-plots, the tables attached to the monetary policy decision. In March, the Fed had expected three cuts.

·Milan, Italy
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Seeking AlphaSeeking Alpha
Lean Right

Fed keeps key policy rate unchanged at 5.25%-5.50%, as widely expected

The U.S. Federal Reserve on Wednesday kept its benchmark policy rate unchanged in the 5.25%-5.50% range for a seventh straight meeting. Read more here.

·United States
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Bias Distribution

  • 67% of the sources lean Right
67% Right

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Seeking Alpha broke the news in United States on Wednesday, June 12, 2024.
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