Fed Holds Rates Steady Amid Inflation, Growth Concerns
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
The Federal Reserve maintains interest rates amid economic slowdown and inflation concerns. Despite a recent jobs report showing job losses and rising unemployment, the Fed keeps rates steady to avoid stagflation risks. Meanwhile, a federal judge blocks Justice Department subpoenas targeting Fed Chair Jerome Powell, and officials plan to appeal the decision.
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