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Fed Holds Rates as Inflation Lingers | Chicago News
The Fed just paused rate hikes for the third straight time, holding rates steady at 5.25% to 5.5%, signaling cautious optimism as inflation cools but remains above target. While markets brace for uncertainty, businesses and consumers face a tightrope walk—borrowing costs may stay flat for now, but no relief is coming soon. Officials still expect at least one more hike this year, keeping a laser focus on inflation until it hits their 2% goal. The waiting game continues. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai…
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