Why the Federal Reserve is holding interest rates steady

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Added 3 months ago by XaniaNews

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The Federal Reserve Board announced it will not change interest rates for now as it eyes how to lower inflation without running the risk of entering a recession. CBS News business analyst Jill Schlesinger looks at the Fed's decision and the upcoming cues to look out for in the economy.

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Category: News and politics
Tags: Federal Reserve, interest rates, economy

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