The Federal Reserve on Wednesday held its benchmark fed funds interest rate steady, seeing the economy growing at moderate pace. The Fed raises interest rate on excess bank reserves keep fed funds rate under control.

Topics:  federal reserve   fed   interest rate   funds   
BING NEWS:
  • FTSE 100: Wall Street mixed and European stocks fall as ECB keeps interest rates on hold
    The FTSE ( ^FTSE) and European stocks finished in a lacklustre manner on Thursday as the European Central Bank (ECB) held interest rates across the eurozone as expected. Across the pond, Wall Street ...
    04/11/2024 - 4:38 am | View Link
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