US central bank likely to hold third interest rate pause

The Federal Reserve, the US central bank, will probably pause interest rates again later today. That would be the third time this year. Last month, the central bank decided not to raise interest rates in the United States any further in the fight against inflation. The Fed also took an interest rate pause in June. However, this was short-lived, because a month later the interest rate was increased for the eleventh time.

ttn-3