Fed Holds Rates at 3.50%–3.75%, Signals Year-End Hike
Fed Holds Rates Steady, Signals a Possible Hike Later This Year The US Federal Reserve voted to keep its policy interest rate unchanged at 3.50%–3.75% at its June 18 meeting, but signaled it may need to raise rates once more before the end of the year as officials grow more concerned that inflation will stay…