Federal Reserve Maintains High Interest Rates as Inflation Persists
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#f9660aca ver:0.11

The Federal Reserve maintains high interest rates as inflation persists, aiming to bring it back to the target of 2%. Central banks faced extraordinary circumstances due to the pandemic, leading to a spike in inflation. Some argue for a more flexible approach, while others defend the 2% target for transparency. The Fed will review its policy framework later this year. In the meantime, the key interest rate remains at a two-decade high of 5.3% until there is greater confidence in sustainable inflation reduction. #FederalReserve #inflation #interestrates...

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 https://here.news/story/f9660aca?ver=0.11