© 2024
Virginia's Public Radio
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

The Fed holds interest rates steady

The Federal Reserve met widely held expectations to keep interest rates unchanged at Wednesday’s meeting as they balance the delicate act of keeping inflation under control without slowing down the economy.

Here & Now’s Scott Tong talks with NPR’s David Gura about what this decision means for the outlook of the economy.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.