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Latin Times
Latin Times
National
Demian Bio

Fed Keeps Interest Rates Steady in January and Warns no Cuts Until its More Confident on Inflation

Inflation Interest Rates Committee US Federal Reserve
Fed Chair Jerome Powell

The Federal Reserve held its interest rates unchanged on Wednesday, indicating it's open to begin cutting but not necessarily in the near future.

For the fourth consecutive time, the central bank kept its benchmark federal funds rate at 5.25%-5,50%, a 22-year-high.

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