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Fed Holds Rates Amid Cooling Inflation | Concord News
Published 1 day, 9 hours ago
Description
The Fed holds rates steady for the third straight time, signaling a pause in its rate-hiking campaign as inflation cools but remains above target. With strong job growth and slowing consumer spending, the central bank seeks a “soft landing” — taming inflation without sparking a recession. Expect at least one more hike this year, as officials watch inflation and employment data closely, keeping markets on edge.
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