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3 hours, 53 minutes ago Edited

The Federal Reserve held interest rates steady Wednesday for the fourth meeting in a row and kept a projection for two rate cuts this year. The central bank voted unanimously to maintain its benchmark interest rate in the range of 4.25%-4.5%. The Fed has now held rates at that level for six months since last cutting in December. Fed officials still see two rate cuts this year, the same amount projected in March, amid uncertainty of how the Trump administration’s policies, from tariffs to immigration to tax policy, will impact the economy. What the central bank did change, however, was its outlook on inflation and economic growth amid those uncertainties. Fed officials now see inflation stayi
The Federal Reserve held interest rates steady Wednesday for the fourth meeting in a row and kept a projection for two rat...