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The Federal Reserve said in a statement that although job gains cooled slightly through the year, they remain strong.

Fed Reserve leaves interest rates unchanged

US economic expansion accelerated in Q3

By News Desk
Published - Nov 02, 2023, 02:50 PM ET
Last Updated - Nov 02, 2023, 02:51 PM EDT

The U.S. Federal Reserve has left the interest rates unchanged at the target range of 5-1/4 to 5-1/2 percent.

The decision was taken at the Federal Open Market Committee (FOMC) meeting Wednesday, which observed that the country’s economic expansion accelerated in the third quarter.

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