Federal Reserve Holds Rates Steady, Delays Rate Cuts Despite Inflation Progress
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#b4a637a9 ver:1.32

The Federal Reserve keeps interest rates unchanged, delaying rate cuts despite progress in inflation. The Fed projects only one rate cut in 2024, signaling a more cautious approach due to higher-than-expected inflation. Disagreements within the committee highlight divisions over inflation assessment and economic risks. The Fed's economic growth projections remain unchanged, with GDP expected to grow by 2.1% in 2024. Fed Chair Powell suggests rates will remain steady until the economy signals a need for change. #FederalReserve #InterestRates #Inflation #EconomicGrowth...

#newstr #FederalReserve #InterestRates #Inflation #Economy #RateCuts #InflationProjections #JeromePowell 

 https://here.news/story/b4a637a9?ver=1.32