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Fed holds interest rates steady at 23-year high

Justin Sullivan/Getty Images(WASHINGTON) The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, prolonging an aggressive fight against inflation despite fresh data hours earlier that showed

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United statesJerome powellRoger aliaga diazFreddie macJustin sullivan gettyMarket committeeDeutsche bankUs bureau of labor statisticsFederal reserveFederal open market committeeChair jerome powellLabor statistics

Fed Chair Powell Tempers Market Excitement: We Want To Gain Further Confidence On Inflation

Federal Reserve Chair Jerome Powell reiterated during his June press conference that policymakers “want to gain further confidence” on.

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Bitcoin Price (BTC) Gives Back Gains on Hawkish Fed Outlook

The central bank took note of "modest" progress towards returning to 2% inflation.

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Fed Holds Interest Rate Steady, Projects Just One Rate Cut This Year

As widely expected, the Federal Reserve kept the pressure on inflation, and the economy, by keeping its key fed funds rate at its highest since 2001, but lower rates are on the horizon.

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