For the third meeting in a row, the Federal Open Market Committee chose to hold rates steady based on current market conditions and future predictions. Click through to find out the current interest rate and read a brief history of rate hikes since the pandemic began, as well as commentary from relevant economists and sources.
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Fed No Longer Predicts Near-Term Recession—Industry Experts Respond
More commentary has come through focusing on the real estate market along with news that the Fed is no longer predicting a recession in the near future.
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