Fed Holds Interest Rates At 23-Year High—Hints Inflation Improving With 1st Rate Cut ‘On The Table’

The Federal Reserve announced Wednesday it will keep interest rates the same, as expected, but gave slight indications economic data should soon support a rate cut, a welcome sign for borrowers and investors rooting for rates to come down from their 23-year high.

READ MORE: https://www.forbes.com/sites/dereksaul/2024/07/31/fed-holds-interest-rates-at-23-year-high-hints-inflation-improving-with-first-rate-cut-on-the-table/

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