(Reuters) - The U.S. central bank's Federal Open Market Committee is widely anticipated to leave its target for benchmark overnight interest rates unchanged at 5.25 percent at a two-day meeting that wraps up on June 28.
The Fed has held overnight rates, which influence a wide array of borrowing costs throughout the economy, steady since June of last year as it patiently waited for inflation to ebb.
Read more at Reuters.com Business News
The Fed has held overnight rates, which influence a wide array of borrowing costs throughout the economy, steady since June of last year as it patiently waited for inflation to ebb.
Read more at Reuters.com Business News
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