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Fed Holds Rates as Inflation Lingers | Jersey News
The Fed just paused its rate-hiking spree, keeping interest rates steady at 5.25%–5.5%, signaling caution as inflation still lingers above target and the labor market remains strong. While this means borrowing costs stay high for homebuyers and loan seekers, savers are benefiting from better returns. Officials say they’re watching the data closely — ready to hike again if inflation doesn’t cool further — balancing economic stability with inflation control. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an…
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