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Fed Holds Rates as Inflation Cools | Concord News
The Fed just paused its rate hikes for the third straight time, holding rates steady at 5.25% to 5.5%, as inflation cools but remains above target. With businesses facing higher borrowing costs and consumers paying more for loans, the central bank is walking a tightrope — watching data closely to avoid economic fallout. While officials hint at possible cuts later this year, no promises are being made. For now, it’s a strategic pause — the Fed is breathing, assessing, and waiting to see what’s next. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn…
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