The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
(Image credit: Chip Somodevilla)
The operation in Washington, D.C. alone is projected to cost upwards of $660 million if it runs through the end of this year as expected, according to new data released by the nonpartisan Congressional Budget Office.
(Image credit: Al Drago)