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Fed Holds Rates as Inflation Lingers | Concord News
The Fed just paused its rate-hiking campaign, keeping rates steady at 5.25%–5.5%, signaling caution as inflation cools but hasn’t hit their 2% target. Higher borrowing costs are biting consumers and businesses, slowing growth—and the Fed’s still eyeing at least one more hike before year’s end, all while watching data like inflation and jobs closely. 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 This is an automated, high-level news summary based on public reporting.Report issues to…
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