The Fed holds interest rates steady in its 2nd decision of the year — with cuts still expected later in 2024

Wed, 03/20/2024 - 14:00

Tech Insider

Economy

Economy

• The Federal Reserve held interest rates steady on Wednesday.
• Fed Chair Powell previously said it'd take more positive economic data before he started cutting rates.
• Still, some Democratic lawmakers want a timeline for when the relief will come this year.

Interest-rate cuts aren't coming for Americans just yet.

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economy, Markets, economy, Markets, federal-reserve, Fed, interest-rates, interest-rate-cuts, jerome-powell, Inflation

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The Fed holds interest rates steady in its 2nd decision of the year — with cuts…