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Tag: us fed rate cut

U.S. Fed holds interest rates, now sees just one cut this year

Posted on June 13, 2024 By admin
U.S. Fed holds interest rates, now sees just one cut this year

Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain unchanged during a news conference in Washington, DC. | Photo Credit: Getty Images via AFP The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March…

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