Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength. source: https://www.coindesk.com/business/2024/05/01/federal-reserve-holds-policy-steady-says-progress-on-inflation-has-stalled/?utm_medium=referral&utm_source=rss&utm_campaign=headlines