Federal Reserve Holds Rates Amid Inflation Concerns
Federal Reserve Decision
The US Federal Reserve has announced its decision to maintain current interest rates. The central bank indicated that the economy is perceived as solid.
Despite the robust economic outlook, inflation remains a primary concern for the Federal Reserve.
Market Reactions
Following the Federal Reserve's announcement, Wall Street displayed limited movement, reflecting a muted immediate response.
In contrast, Gold prices experienced an increase.
The Australian Securities Exchange (ASX) is projected to have a flat opening, suggesting a stable start to its trading session.