The US Federal Reserve on Thursday morning (IST) decided to keep its benchmark interest rates unchanged at 4.25-4.50 per cent, maintaining its cautious stance amid evolving economic conditions.
The Federal Reserve, in its latest meeting, decided to keep the federal funds rate unchanged at 5.25 per cent to 5.5 per cent for the eighth time. In its statement, the Fed observed that job gains in the U.S. economy have moderated, while the unemployment rate has increased slightly but rema