Federal Reserve Holds Rates Steady, Expects More Increases in the Future
TL;DR Summary
The Federal Reserve has decided to keep interest rates unchanged but expects to raise them in the near future due to a strong economy and rising inflation. The central bank also plans to continue reducing its bond holdings, which were acquired during the financial crisis.
- Fed Holds Rates Steady but Expects More Increases The Wall Street Journal
- Federal Reserve holds interest rates steady, forecasts two more rate hikes this year Yahoo Finance
- Text of the policy statement the Federal Reserve released Wednesday Federal News Network
- Here's what changed in the new Fed statement CNBC
- Fed decision: Not a 'clear story' from the Fed going forward, says strategist Yahoo Finance
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