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The Fed Holds Rates Steady and Predicts Just One Reduction This Year

Federal Reserve officials signaled that interest rates could stay higher this year as policymakers pause to ensure they’ve stamped out inflation.

Jeanna Smialek
Author: Jeanna Smialek

Written by

Jeanna Smialek

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Federal Reserve System, Inflation (Economics), Interest Rates, Powell, Jerome H, United States Economy
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