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ARLP - What The Fed's Interest Rate Pause Means For Income Investors
Alliance Resource Partners L.P.
Interest Rates Are Holding Steady
The Federal Reserve has decided to maintain the current interest rate for at least another month. The vote on the change was evenly split between cutting and maintaining the current rate. One sole vote was cast to raise rates.
This lead to a final outcome of rates remaining unchanged for now. The Federal Reserve looks at the data and makes a best guess as to whether interest rates should be cut, raised, or kept steady. Their focus is to attempt to create long-term economic stability and not to