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Fed Holds Rates as Inflation Persists | Texas News
The Fed holds rates steady for the third straight time, signaling continued caution as inflation, though cooling, remains above their 2% target. Borrowing costs stay high, impacting mortgages and car loans, while future rate cuts remain uncertain — pending stronger economic data. The Fed’s focus: balancing job growth with price stability, aiming for a soft landing without recession. Patience is the watchword as they monitor inflation’s path. 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…
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