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Fed Holds Rates as Inflation Watch Continues | Los Angeles News
Description
The Fed holds steady on rates for the third straight time, signaling caution as inflation remains stubbornly high. While businesses and consumers feel the squeeze from higher borrowing costs, a resilient job market gives them breathing room. No rate cuts yet — but whispers of possible easing next year if inflation cools. It’s a tense holding pattern: tighten too soon, risk recession; ease too late, risk overheating. Everyone’s watching — Wall Street, Main Street, and the economy itself.
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