The Federal Reserve is getting closer to cutting interest rates

The Federal Reserve held interest rates steady Wednesday but signaled that rate cuts could come soon if inflation continues to moderate.

The Fed kept interest rates unchanged at the highest in more than two decades. Investors are betting it will start to lower rates at its next meeting in September.

(Image credit: Kevin Dietsch)



from NPR Topics: News https://ift.tt/eVu4NAn

Comments