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A divided Fed holds interest rates steady despite stubborn inflation - The Washington Post

A divided Fed holds interest rates steady despite stubborn inflation - The Washington Post

The central bank left rates unchanged for a fifth straight meeting, holding off on an increase designed to fight rising prices even as three fed officials argued for higher rates.

The Federal Reserve left interest rates unchanged Wednesday, resisting for now pressure from inside its own ranks to raise rates to combat persistently high inflation. It was the fifth straight meet… [+253 chars]

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