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.