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Fed Holds Rates as Inflation Lingers | Concord News
Description
The Fed just held rates steady again—no cuts in sight as inflation still lingers above target. With three straight meetings of “wait and see,” the central bank is holding firm between 5.25% and 5.5%, signaling patience until prices show real, consistent cooling. Markets are reacting nervously: some fear a tougher economy ahead, others applaud the Fed’s cautious stance for long-term stability. Next update? Late January—when data on jobs, spending, and growth will decide if the waiting game ends or continues.
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