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US Fed Meeting: Fed Keeps Rates Steady, But Leaves Door Open For Future Hikes
Updated: November 2, 2023 12:54 PM IST
The Federal Reserve held interest rates steady on Wednesday, but left the door open for future hikes as it continues to battle inflation. Fed Chair Jerome Powell said the central bank is still trying to determine whether financial conditions are tight enough to control inflation, or whether the economy needs more restraint.
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