Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
![Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled](https://www.coindesk.com/resizer/0_L1V_vCdAwFQyYAiZ5XHlM8ggk=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5UJSTYKATFAXVPTSOEJYUE3MDM.jpg?#)
Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.
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