The Fed holds rates steady at final meeting of 2023
Housing Wire
DECEMBER 13, 2023
The Federal Open Markets Committee (FOMC) held its short-term policy interest rate steady at a range of 5.25% to 5.5% In 2023, the Fed hiked the benchmark federal funds rate by a quarter-point at four meetings, most recently in July. The benchmark 10-year Treasury yield fell to 4.2% million in Q2 2022 to 1.2
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