Federal Reserve officials capped their first monetary policy meeting of 2024 by leaving the central bank s benchmark interest rate unchanged,a decision that was widely expected on Wall Street. But policymakers signaled they want to see more progress made on battling inflation this year, heightening investor focus on exactly when the Fed might release the brakes on the U.S. economy for the first time in two years.Members of the Federal Open Market Committee, the Fed s rate-setting panel, said Wednesday in a policy statement that they will hold the federal funds rate in a range of 5.25% to 5.5%, marking the fourth consecutive pause since July, when it last hiked rates. In December, the central bank forecast thre <a href=https://www.stanley-cup.it>stanley italia</a> e rate hikes this year. The committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%, the central bank said in its statement. The language in the Fed s statement signaled to some economists that the Fed may hold off longer than expected until it makes its first cut. Prior to the Wednesday decision, 4 in 10 Wall Street economists had projected that the Fed wouldmove to cut rates in March, with its next rate meeting set for March 19-20, according to financial data provider FactSet. <a href=https://www.stanley-cup.pl>stanley cups</a> Economic growth slows in 4Q of 2 <a href=https://www.stanley-quencher.co.uk>stanley quencher</a> 023: What does i Asuq Trump, 3 of his kids will testify in New York fraud trial in early November
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