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Fed Keeps Rates Steady, Suggests 2 More Increases

Empire Appraisal Group

Source: [link] Fed Keeps Rates Steady, Suggests 2 More Increases By Christopher Rugaber Interest rates remain unchanged after a Fed meeting – the first pause after 10 straight increases. But “may raise rates twice more this year” came as a surprise.

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Fed pauses rate hikes in June. But how long will it last?

Housing Wire

The Federal Reserve (Fed) maintained the federal funds rate in the 5% to 5.25% range on Wednesday, following 10 consecutive hikes that brought rates to a level never seen since 2007. The Fed imposed its fastest series of rate increases since the 1980s, but it wants to avoid over-tightening and causing a significant recession.

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