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Fed Holds Rates as Inflation Lingers | Jersey News
The Fed just paused its rate hikes, keeping interest rates steady at 5.25% to 5.5%, signaling a cautious wait as inflation cools but remains above target. While homeowners and businesses feel the squeeze from higher borrowing costs, officials aim to balance inflation control with avoiding a recession. Rate cuts may be on the table next year—but only if economic data cooperates. For now, stability reigns as everyone watches the next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
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