Home » world » US Federal Reserve leaves key interest rate unchanged at 22-year high – Economy

US Federal Reserve leaves key interest rate unchanged at 22-year high – Economy

by Alexandra Hartman Editor-in-Chief

2023-11-01 18:12:27

Washington – The US Federal Reserve Bank is once once more leaving its key interest rate unchanged despite continued high inflation. The interest rate range remains between 5.25 and 5.5 percent, as the Fed announced in Washington on Wednesday. This is the highest interest rate level since 2001 and therefore for 22 years.

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