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The Federal Reserve, the central bank of the United States, has kept its policy interest rate at 5.50 percent.

The Federal Reserve, the central bank of the United States, has kept its policy interest rate at 5.50 percent.

31.07.2024 21:10

The Federal Reserve (FED) of the United States kept its policy interest rate unchanged at the highest level in 23 years, at a range of 5.25-5.50 percent, without making any changes as expected. The FED emphasized that there will be no interest rate cuts until inflation reaches 2 percent.

The Federal Reserve (Fed) kept its policy interest rate unchanged at the highest level in 23 years, at a range of 5.25-5.50 percent, in line with expectations.

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