Fed Keeps Rates Steady, Sees Inflation Cooling
Dallas News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Federal Reserve maintains steady interest rates, signaling a potential cut later this year. Despite rising gas prices due to Iran conflict, officials anticipate a quick recovery and inflation to cool down to 2.2% by 2028. Unemployment remains stable at 4.4% and economic growth is robust at 2.4%. The outlook is positive as the situation in Iran is expected to improve and prices to stabilize.
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