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World News@beehaw.org · 2 years ago

The Fed pauses its rate-hiking campaign, announcing no new increase

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The Fed pauses its rate-hiking campaign, announcing no new increase

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World News@beehaw.org · 2 years ago

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The Fed holds rates steady, pausing its rate-hiking campaign | CNN Business

The Federal Reserve said Wednesday it would pause its historic rate-hiking campaign as it waits for the effects to trickle further through the economy, but signaled that additional rate hikes are likely this year.

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The price of eggs has been rapidly collapsing to half what it was in the peak.

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