Fed keeps rates at 5.25% for 12th month

The Federal Reserve held interest rates steady 28 June, citing "modest" improvements in recent inflation readings. Fed rates have now remained at 5.25% for 12 months.

However, the Fed added that a "sustained moderation in inflation pressures has yet to be convincingly demonstrated."

Core inflation, which strips out volatile food prices, rose 2% over the 12 months ending in April. Economists are suggesting that rates could remain on hold for the remainder of the year.

The Fed reiterated to its

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: