US Fed holds interest rate steady for 5th time in a row #worldnow

The US Federal Reserve on Wednesday kept the target range for the federal funds rate unchanged at 3.5 to 3.75%, as widely expected by the market. The move marks the Fed's fifth monetary policy meeting in a row with a wait-and-see stance, while expectations for an interest rate hike have been building for the coming months. CGTN's Asieh Namdar has the latest.

#fed #finance #interestrates #usa

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