Why did the Fed hold rates despite inflation? | FT #shorts

Summary

The Federal Reserve has kept US borrowing costs on hold days before midterm elections despite soaring prices in the world’s biggest economy. The FT’s Claire Jones explains the decision. #shorts #shortsvideo #shortfeed #shortsviral #shortsyoutube #shortsvideos ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for…

Description from Financial Times.