The Fed maintains its interest rates due to the acceleration of prices in March

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The Fed maintains its interest rates due to the acceleration of prices in March

In an attempt to control inflation, the US Federal Reserve (Fed) decided on Wednesday to keep its interest rates unchanged in the target range of 5.25% to 5.5%. These percentages mark highs since January 2001, and, although the decision was to keep them stable, the Fed committee clarified that it does not plan to raise interest rates further. The institution also warned about the absence of significant progress towards its inflation target, whic…