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Federal Reserve keeps interest rates unchanged despite elevated inflation

Federal Reserve keeps interest rates unchanged despite elevated inflation
Photo: NBC 5 Dallas-Fort Worth (KXAS) - Top Stories · view original

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite elevated inflation, while providing little hint about the central bank’s next moves. “Inflation remains elevated,” the Fed said in a statement released after its two-day policy meeting. Holding off on an increase will...

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