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Fed Holds Rates as Inflation Cools | California News
Published 3 days, 10 hours ago
Description
The Fed holds rates steady for the third straight time, signaling patience as inflation cools but remains elevated. With the economy holding up and jobs strong, they’re watching closely before acting — a pause that could ease borrowing costs or keep them high to fight inflation. Next move? December’s meeting, where consumer spending and job data will decide whether rates rise, fall, or stay put.
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