Fed keeps interest rate steady
The news is about the US Federal Reserve's decision to keep interest rates steady at 3.5% to 3.75%, amidst ongoing inflation that remains stubbornly high. This decision comes amid expectations of delaying or refusing to raise rates further, as gold prices decline and markets await the Fed's next move. The goal of this decision is to manage persistent inflation, while closely monitoring the US economy to determine the future path of interest rates in the coming period.
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