SPDRÂ Portfolio S&P 500 High Div ETF (SPYD)

Fed Signals Prolonged High Interest Rates Despite Economic Uncertainties

The US Federal Reserve (Fed) has signaled that it anticipates maintaining high-interest rates for an extended period, despite leaving them on hold for the time being. This decision, announced on Wednesday, was widely anticipated and follows recent figures indicating a cooling labor market in the world's largest economy.