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Economy U.S. Federal Reserve to Maintain Current Interest Rates Amid Inflation Concerns
April 30, 2024

U.S. Federal Reserve to Maintain Current Interest Rates Amid Inflation Concerns

By  Melinda Hartfield

With the Federal Reserve's next meeting set for May 1, 2024, expectations are set for unchanged interest rates. Amid persistent inflation, relief from high borrowing costs seems unlikely soon. Rate cuts may be delayed to late 2024, impacting loans and mortgages.

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