After raising its overnight lending rate by 500 basis points over 10 consecutive meetings, the Federal Reserve’s policy-setting committee voted unanimously to leave its target rate unchanged, at least for now, at 5.00-5.25%.
Federal Reserve Takes a Break, but It Sees Higher Rates Ahead
Policymakers Agreed To Leave Interest Rates Unchanged After 10 Consecutive Increases
CoStar Analytics
June 14, 2023 | 9:14 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Companies
- Federal Reserve System
Public Administration