Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now

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By CHRISTOPHER RUGABER (AP Economics Writer) WASHINGTON (AP) — The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown confident that they’re close to fully taming inflation. But the Fed also signaled that…

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