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holds-rates

U.S. Fed holds interest rates steady, sees just 1 cut in 2024 despite inflation progress

by Anas Siddiqui
U.S. Fed holds interest rates steady, sees just 1 cut in 2024 despite inflation progress

U.S. Federal Reserve officials said Wednesday that inflation has fallen further toward their target in recent months, but signalled that they expect to cut their benchmark interest rate just once …

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