
Fed Keeps Rates Steady, Sees Inflation Drop
Orlando 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 at 3.6%, hinting at a potential cut later this year. Gas prices surge due to Iran conflict, temporarily boosting inflation, but expected to subside by year-end. Inflation forecast at 2.7% by December, with core inflation matching. Unemployment at 4.4% and growth at 2.4% this year, no significant changes from previous projections.
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