Mon. Jan 13th, 2025 8:00:07 AM

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WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 22-year high for the second straight meeting, as it moves to slow stubborn inflation without damaging the strong economy.
The Fed‘s decision to keep its benchmark lending rate between 5.25 percent and 5.50 percent gives policymakers time to “assess additional information and its implications for monetary policy,” the central bank said in a statement.



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