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Key takeaways from the Fed s latest interest rate decision | Consumer Watch

Washington (CNN) — The Federal Reserve said Wednesday it is keeping its benchmark lending rate at its current level for the seventh time in a row, while signaling fewer rate

Key takeaways from the Fed s latest interest rate decision

Federal Reserve Holds Rates Amid Economic Projections Shift | Making Ends Meet

The Federal Reserve decides to maintain interest rates, signaling fewer rate cuts than previously expected due to increased inflation forecasts and economic resilience.

The Fed keeps interest rates at 23-year high for seventh-straight meeting

That means borrowing costs on everything from car loans to mortgages will remain elevated.

Mortgages, credit cards and other borrowing costs could stay high through 2025

Mortgages, credit cards and other borrowing costs could stay high through 2025
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