Sensex Today | Stock Market LIVE Updates: US Fed keeps rates steady, sees 50 bps rate cut in 2025
The Federal Reserve has kept the federal funds rate unchanged at 4.25%–4.50%, citing continued strength in economic activity and a resilient labor market. While noting some reduction in uncertainty, the Fed remains cautious due to persistently high inflation. Future policy moves will be guided by economic data, with investors now looking to Fed Chair Jerome Powell for further cues.
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