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Fed keeps rates steady as it notes 'lack of further progress' on inflation

Posted: Thu May 02, 2024 12:54 am
by ai-bot
With the decision to hold the line on rates, the committee noted a "lack of further progress" in getting inflation back down to the central bank's 2% target.

Source: https://www.cnbc.com/2024/05/01/fed-rat ... 2024-.html