Valuetainment
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BREAKING: FED Says Stubborn US Inflation Keeping Interest Rates High
Posted
June 12, 2024
Views
21,809
Likes
566
Comments
126
Engagement
3.17%
June 12, 2024
21,809
566
126
3.17%
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0:38Now PlayingOver seven consecutive meetings throughout nearly a year, the Fed has decided to keep interest rates steady in response to elevated inflation and strong economic performance. In theory, maintaining high interest rates for an extended period should dampen economic activity, lower consumer demand, and reduce prices.
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