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Fed Holds Rates as Inflation Eases | Philadelphia News
The Fed holds rates steady at 5.25%-5.5%—no surprise, but a tense pause as inflation cools yet remains above target. Borrowing costs bite consumers and businesses alike, while the Fed watches employment and spending like hawks. Future hikes? Possible if inflation sticks around—but decisions will hinge on data. Next move: late July. 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 news summary based on public reporting.Report issues to feedback@thednn.ai. View sources & latest…
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