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Fed Holds Rates Amid Inflation Watch
Published 3 days, 6 hours ago
Description
The Fed held rates steady again—no cuts for now—keeping borrowing costs high as inflation still lingers above target. Businesses and consumers brace for continued pressure on loans and mortgages, while officials hint at possible rate cuts later this year—if data cooperates. Caution remains the watchword as the Fed stays focused on taming inflation.
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