The FED Holds Steady on Interest Rates
After increasing rates 11 times from March 2022 to July 2023, the FED implemented three rate cuts between September and December of last year. In March, it held rates steady, announcing that “we now have inflation coming in from an exogenous source, but the underlying inflationary picture before that was basically 2.5% inflation, 2% growth and 4% unemployment.”
Click here for the latest Lehigh Valley Economic Review.
Listen to Economic Pulse Fridays at 5:44 PM during All Things Considered; Mondays at 7:30 AM during Morning Edition.
(Original air-date: 3/21/25)
