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US Fed Meet Highlights: FOMC Holds Rates Steady for 12 Months, Admits ‘Progress’ on Inflation; Powell Flags September Cuts 2024
The recent meeting of the Federal Open Market Committee (FOMC) has garnered significant attention as it marks a full year of holding interest rates steady. This decision comes amidst growing optimism regarding progress in combating inflation, though caution remains the watchword as the economic landscape continues to evolve. Here, we delve into the key highlights…