Federal Reserve Says Interest Rates Will Stay at Two-Decade High Until Inflation Further Cools
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The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its 2% target. The Fed issued its decision in a statement after its latest meeting, at which it kept […] Read this story at , , ,

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