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    Josia Shigwedha

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    Josia Shigwedha

Business / Economics

Fed keeps rates unchanged

today1 August, 2024

Background
 

The Federal Reserve has left interest rates unchanged at its two-day meeting, but suggested a September rate cut could be on the cards. The central bank said inflation was getting closer to its 2% target, but there’s still work to do. Sally Patterson reports from New York.

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    Fed keeps rates unchanged Leonard Witbeen

 

Written by: Leonard Witbeen