U.S. Fed holds steady on rates, signals one cut this year
The U.S. Federal Reserve has kept interest rates steady between a range of 5.25% to 5.5% amid modest progress on inflation. Policymakers also indicated just one rate cut is likely this year. Rannella Billy-Ochieng, Senior Economist with TD, speaks with MoneyTalk’s Anthony Okolie about the state of the U.S. economy and the implications for Fed monetary policy going forward.
