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Federal Reserve Holds Interest Rates Steady at 5.25%
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Federal Reserve maintains current interest rates, signals patience on future cuts.
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The Federal Reserve announced it will hold interest rates steady at 5.25%, citing the need for more evidence of sustained disinflation before considering rate cuts. Fed officials emphasized data-dependent policy decisions, while markets reacted with modest volatility. Economic projections suggest gradual easing may begin later this year.
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