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Fed Holds Rates as Inflation Watch Continues | Concord News
The Fed just paused its rate hikes, keeping borrowing costs steady at 5.25% to 5.5% — a third straight hold signaling cautious optimism. While inflation’s cooling, it’s not yet under control, so higher mortgages and car loans remain. But savers may benefit from better returns. The Fed’s watching inflation and jobs closely, ready to act if needed — this pause is a breath before the next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:advertise@thednn.ai This is an automated, high-level news summary based on public reporting.Report…
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