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US Fed Reserve Chair Powell (CR)

Federal Reserve signals interest rate cuts aren't imminent, leaves them unchanged

By AP News
Published - Jan 31, 2024, 04:00 PM ET
Last Updated - Jan 31, 2024, 04:00 PM EST
The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown confident that they're close to fully taming inflation. (Jan. 31)
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