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Benzinga
Benzinga
Business
Piero Cingari

Fed Skips Rate Cut Again—But Reveals Something We Haven't Seen Since 1993

jerome powell ai15

Anticipation was sky-high heading into a politically charged Federal Reserve meeting, after months of relentless pressure from President Donald Trump to deliver rate cuts, but the central bank didn't budge.

Yet what unfolded behind closed doors revealed one of the most profound internal cracks in decades.

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