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Fed Holds Rates Amid Economic Debate | Real Estate News
The Fed just paused rate hikes for the first time since December, keeping rates steady at 3.5%–3.75%—a move framed not as a break, but as a deep dive into the economy’s long-term health. Chair Kevin Warsh emphasized inflation won’t vanish overnight, and while growth, jobs, and productivity remain strong despite global turmoil, mortgage rates stay elevated. Three dissenting votes revealed internal debate, with Warsh calling it a “family fight” toward the best path forward. Expect potential moves later this year, depending on inflation and oil data. Listen in comfort:Get a discount on a Soli…
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