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Fed Holds Rates as Inflation Cools
The Fed holds rates steady for the third straight time, keeping them at 5.25%–5.5%, as inflation cools but remains above target. Officials stress patience, waiting for clearer signs of price stability before considering cuts — a delicate balancing act to tame inflation without triggering a recession. Markets brace for more data, especially on jobs and spending, as the Fed stays focused on its mission, ready to act if the economy shifts. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary…
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