Federal Reserve Expected to Hold Rates Steady in Fight Against Stubborn Inflation
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#f9660aca ver:0.56

The Federal Reserve is expected to hold interest rates steady in its fight against stubborn inflation. Recent data shows a slight decline in inflation to 3.4%, but the Fed wants to ensure that inflation is under control before considering rate cuts. Some officials believe that the recent decline in inflation is temporary and that the Fed should maintain its current stance. The housing market remains resilient despite the tightening policy, contributing to sticky inflation. The Biden administration supports an independent Fed, while economists warn against "inflation brain" and the dangers of keeping rates too high for too long. The Fed's decision on rates will be based on economic conditions and the inflation outlook. #FederalReserve #inflation #interestrates...

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 https://here.news/story/f9660aca?ver=0.56