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Federal Reserve Holds Rates Unchanged at 5.25% to 5.5%
Posted
November 1, 2023
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2:43Now PlayingThe Federal Reserve held interest rates at a 22-year high for a second straight meeting, while suggesting that the recent rise in Treasury yields may weigh on the economy and inflation. The decision left the target range for the benchmark federal funds rate unchanged at 5.25% to 5.5%, the highest since 2001. Bloomberg's Michael McKee reports on a special edition of "Bloomberg Surveillance."
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