US FOMC Meet Highlights – June 2023
FOMC MeetingJune 15, 2023 Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) decided unanimously to keep the Fed funds rate or the benchmark US interest rate at which the Fed lends money to commercial banks unchanged at 5-5.25%, a first pause in 15 months of back-to-back increases. This decision was in line […]