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Fed Holds Rates as Inflation Watch Continues
Description
The Fed just paused its rate hikes for the third straight time, holding rates steady at 5.25% to 5.5%, as inflation still lingers above target. After aggressive tightening to cool the economy, they’re now watching closely — ready to act again if inflation sticks around. Mortgage rates and business borrowing feel the ripple effects, and everyone’s wondering: is this the calm before the next move — or the start of a longer pause? The Fed’s message? Stay tuned — they’re keeping their options open, eyes on inflation, jobs, and growth.
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