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Wednesday, June 14, 2023

News alert: The Federal Reserve holds interest rates steady for the first time since January 2022 but signaled two more hikes are likely this year.

The Fed's decision provides a reprieve to consumers who have been socked with steady increases in loan rates.

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Wed Jun 14 2023

 
 
Federal Reserve Chairman Jerome Powell says on Aug. 26, 2022, that the Fed is committed to bringing inflation down to its 2% goal, which means interest rates will continue to rise.
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