Will today’s Federal Reserve inflation data lead to increased interest rates and a slowdown of economic easing?
Federal Reserve says it won’t raise key interest rate
May 3, 2020 by
The Federal Reserve this week voted to maintain its benchmark interest rate unchanged at near zero, showing it has no interest in reversing course anytime soon, most likely due to the coronavirus pandemic. The Fed’s benchmark rate doesn’t directly impact mortgage rates, but it normally does influence them, so the decision is a key one
