Fed Holds Interest Rates At 23-Year High—Hints Inflation Improving With 1st Rate Cut ‘On The Table’

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The Federal Reserve announced Wednesday it will keep interest rates the same, as expected, but gave slight indications economic data should soon support a rate cut, a welcome sign for borrowers and investors rooting for rates to come down from their 23-year high.

READ MORE: https://www.forbes.com/sites/dereksaul/2024/07/31/fed-holds-interest-rates-at-23-year-high-hints-inflation-improving-with-first-rate-cut-on-the-table/

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