The Federal Reserve is expected to hold interest rates, according to the latest announcement
According to PANews, the Federal Reserve is set to announce its latest interest rate decision and monetary policy statement. The announcement is scheduled to be made at 2:00 AM Beijing time on Thursday, June 13. A few hours ago, the US Department of Labor will release the latest inflation data. Jerome Powell's press conference will be held at 2:30. The Fed is widely expected to keep its benchmark interest rate within a range of 5.25%-5.50%, the rate it set in July of the previous year.
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