The Federal Reserve left interest rates unchanged again at its meeting that concluded on May 1, marking the sixth consecutive time it has done so. For now, that leaves the central bank’s benchmark interest rate between 5.25% and 5.50%, where it has remained since last July, and which marks its highest level in 23 years.
What will the Fed do next?
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When is the next interest rate decision?
How do interest rates affect the economy?
What do rate hikes mean for your wallet?
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