The Federal Reserve made the widely expected move of keeping interest rates unchanged when it wrapped up its regularly scheduled policy meeting Wednesday. And while the bank's rate-setting committee signaled that its campaign of rate hikes is over, it also pushed back on rate cuts coming as soon as the market might have liked.
The Federal Open Market Committee left the short-term federal funds rate steady at a 23-year high of 5.25% to 5.5%. But what market participants really want to know is when the Fed is going to begin easing.
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