PHDCCI appreciates status quo of Federal Reserve rate at 4.25%-4.5%, amidst persisting geopolitical uncertainties

The Federal Open Market Committee’s decision to maintain the federal funds rate at 4.25%-4.5% is a commendable, given the persisting geopolitical volatilities, said Mr. Hemant Jain, President, PHDCCI, in a press statement issued today. The US economy is witnessing rapid expansion of economic activity, with stabilized unemployment rate at low levels, boosted by solid labor […]

The post PHDCCI appreciates status quo of Federal Reserve rate at 4.25%-4.5%, amidst persisting geopolitical uncertainties first appeared on Business News Week.