Why did the Federal Reserve leave interest rates unchanged?

The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates continued to stall. In its statement announcing the hold, the central bank said that in recent months, there had been "a lack of further progress" toward its 2% percent inflation goal.

Will the Federal Reserve raise interest rates again?

The Federal Reserve raised interest rates by a quarter of a point, its 10th straight increase, as inflation remains stubbornly high. The increase may be its last for now, as policymakers suggest that further moves may not be necessary.

Will fed leave interest rate unchanged on Wednesday?

Source: Federal Reserve Federal Reserve officials are widely expected to leave their key interest rate unchanged on Wednesday, keeping it at the two-decade high of 5.3 percent for a 12th straight month in a bid to slow economic growth and crush inflation. But investors will be most focused on what comes next for borrowing costs.