Fed Leaves US Interest Rate Unchanged

In depth

According to Globes, inflation rose to 3.7%, and the decision comes about a month and a half after the first rate hike since 2023. According to Israel Hayom, the decision was made despite inflationary pressures and a surge in energy prices.

According to Globes, the Fed said inflation remains high and that it is awaiting additional data, and that two of the 12 members of the Federal Open Market Committee opposed the decision. Fed Chair Kevin Warsh is expected to hold a press conference, where investors will try to understand the future direction of policy.