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Fed Holds Rates as Inflation Slows | Venice Beach News
Description
The Fed holds steady on interest rates for the third straight time, pausing aggressive hikes as inflation cools but remains above target — a delicate balancing act between curbing prices and avoiding economic slowdown. Businesses and consumers feel the squeeze, navigating uncertainty as officials hint at possible rate cuts later this year — but only if data supports it. Patience is the word: the Fed’s taking a breather before making the next big move.
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