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The Fed kept its key rate unchanged for the fourth straight meeting Wednesday (June 18), and said the economy is expanding at “a solid pace.” Changes to the Fed’s rate typically — though not always — influence borrowing costs for mortgages, auto loans, credit cards, and business loans…
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US Federal Reserve leaves its key rate unchanged but sees two cuts this year
Jomy Jos Pullokaran
02:19
The Fed kept its key rate unchanged for the fourth straight meeting Wednesday (June 18), and said the economy is expanding at “a solid pace.” Changes to the Fed’s rate typically — though not always — influence borrowing costs for mortgages, auto loans, credit cards, and business loans…
