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Fed Holds Rate Steady, Expects Higher Inflation
Posted
March 19, 2025
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March 19, 2025
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1:53Now PlayingThe Federal Reserve held its benchmark federal funds rate in a range of 4.25%-4.5%, and said it would further slow the pace at which it is reducing its balance sheet. Fed officials signaled they expect slower economic growth and higher inflation. Bloomberg's Michael McKee reports.
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