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Fed Holds High Rates Amid Inflation
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Overview
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The Federal Reserve maintains high interest rates to combat persistent inflation, with no immediate rate cuts expected. Fed Chair Powell emphasizes the challenge in reducing inflation and the cautious approach to potential rate adjustments.
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How could global markets react to the Fed's cautious stance on rate adjustments?
How might the Fed's decision impact borrowing costs for businesses and consumers?
What factors could contribute to the persistent inflation that prompts the Fed to maintain high interest rates?
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