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Kim Komando
Kim Komando
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Fed holds interest rates steady at 23-year high

(WASHINGTON) -- The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed a slight cooldown of price increases.At seven consecutive meetings spanning nearly a year, the Fed has... Read More.

Fed holds interest rates steady at highest level since 2001

(WASHINGTON) -- The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts as elevated inflation continues to burden U.S. households.The announcement arrives days after new government data showed that the economy is cooling off.The slowdown has... Read More.