FOMC Kept Rates Steady as Expected, “Quantitative Tightening” Scaled Down
The Federal Reserve maintained its benchmark interest rate at 4.25%-4.5% during its March meeting, keeping policy unchanged for the fourth consecutive month while signaling increased economic uncertainty. The central bank also announced a significant reduction in its “quantitative tightening” program, slowing the monthly cap on Treasury securities runoff to just $5 billion starting in April. […]
The Federal Reserve maintained its benchmark interest rate at 4.25%-4.5% during its March meeting, keeping policy unchanged for the fourth consecutive month while signaling increased economic uncertainty. The central bank also announced a significant reduction in its “quantitative tightening” program, slowing the monthly cap on Treasury securities runoff to just $5 billion starting in April. […]
