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Fed Holds Rates Amid Inflation Concerns | San Jose News
The Fed holds rates steady for now, keeping borrowing costs high as inflation remains stubbornly above target—meaning mortgages and car loans won’t get cheaper anytime soon. While this signals serious commitment to price stability, it also strains budgets and slows business growth. Three cuts are still projected by year-end, but timing hinges on economic surprises. Patience is key: the Fed’s inflation fight isn’t over yet. 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…
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