US Fed pauses hike of interest rates
newscatcher
2023-06-15 01:31
US Fed pauses hike of interest rates
08:43 UTC+8, 2023-06-15        The US Federal Reserve on Wednesday kept the target range of the federal funds rate unchanged at 5 percent to 5.25 percent, following a slew of 10 consecutive hikes.   08:43 UTC+8, 2023-06-15        Reuters US Federal Reserve Chairman Jerome Powell speaks during a news conference after the release of the Fed policy decision to keep interest rates unchanged, at the Federal Reserve in Washington, US, on June 14, 2023. The US Federal Reserve on Wednesday kept the target range of the federal funds rate unchanged at 5 percent to 5.

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