#BoERateDecision

[cambcurrencies]

Fed Holds Steady: Will BoE Drop Rates as Expected?

US Interest Rate Decision Yesterday the Federal Reserve held US interest rate steady at 5.5%, maintaining the status quo from its previous meeting. This decision was widely anticipated. Key Takeaways: Inflation and Growth: Despite recent data indicating a cooling in inflation, the Fed’s decision underscores its commitment to maintaining higher rates to ensure inflationary pressures do not…