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Fed Holds Rates as Inflation Slows
Description
The Fed keeps rates steady for the fifth straight time, signaling caution as inflation cools but hasn’t hit their 2% target yet. With stubborn prices in some sectors and a data-driven approach, they’re delaying rate cuts—projecting just three by year-end—and balancing inflation control with avoiding recession. Every move ripples through mortgages, loans, and your grocery bill.
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