The Federal Reserve Bank is anticipated to keep interest rates steady at 5.25-5.50% during its upcoming press conference, aligning with expectations of stable monetary policy. While the US Federal Open Market Committee (FOMC) reviews economic conditions akin to India’s Monetary Policy Committee, focus also rests on US inflation data, forecasted to moderate slightly. Despite robust job reports boosting growth prospects, analysts predict no immediate rate adjustments, although expectations for future cuts may diminish.
US Federal Reserve Expected to Maintain Interest Rates Amid Strong Economic Indicators
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/06/12170919/1718174016-4831-ezgif.com-avif-to-jpg-converter.jpg)