US Fed Policy News: Powell decides to keep rates unchanged in December FOMC Meeting – Investing Abroad News

US Fed Policy News: Powell decides to keep rates unchanged in December FOMC Meeting – Investing Abroad News

The stock market appears to be enjoying an early Christmas, and a Santa Claus rally may be just around the corner. The Federal Reserve held the fed funds rate unchanged for the third time in December 2023. The rate range stands at 5.25%-5.5% having risen from near zero about 20 months back. The markets got a … Read more