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Fed Holds Rates as Inflation Cools

Fed Holds Rates as Inflation Cools

Published 2 days, 2 hours ago
Description

The Fed just paused its rate hikes, keeping interest rates steady at 5.25%–5.5%, signaling a cautious hold as inflation cools but remains above target. Businesses and consumers brace for economic ripple effects, while markets await clearer signals on when cuts might come — patience is the keyword as the Fed watches data closely.

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