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Fed Holds Rates Amid Inflation Watch
Published 2 days ago
Description
The Fed holds rates steady again, signaling patience as inflation cools but hasn’t hit their 2% target. Higher rates mean pricier loans and slower business growth, but officials say it’s necessary to avoid a rebound. Rate cuts are on the table only if inflation keeps falling steadily—and they’re watching jobs and other indicators closely. Next move? December.
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