US Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on November 1, 2023. The Federal Reserve voted on November 1, 2023, to hold interest rates at a 22-year high for the second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy. The decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to "assess additional information and its implications for monetary policy," the central bank said in a statement. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)Photo: SAUL LOEB / AFP / Getty Images