Federal Reserve holds interest rates steady

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The Federal Reserve announced Wednesday it's leaving the central bank's benchmark interest rate unchanged for now as the U.S. economy shows some signs of inflation persisting in certain sectors. CBS News contributor J.D. Durkin joins business analyst Jill Schlesinger with more on the news.

#economy #news #breakingnews

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What will be funny is when the Fed does another rate hike instead of any cuts this year.

iamdaviddor
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wyattgonzalez
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How nice of them to continue to hold interest rates at 5.25-5.5%. You’ll not ever get to 2% if you indefinitely hold interest at the aforementioned rates.

krazyoldkatlady
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The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.

joealonzo
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Dude is awesome raised consumer rates because corporate is over charging them 😂😂

garydavidson
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The fed needs more time for the economy to cool off while the american people are struggling to get by smh… God bless America smh…

jimwashington
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muhammadmudassar-
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muhammadmudassar-
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VOTE BLUE!
Don’t let the Republicans fool you again! :O

HaiAtterson