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Federal Reserve keeps rates unchanged despite elevated inflation, gives little signal of next move

Federal Reserve keeps rates unchanged despite elevated inflation, gives little signal of next move
Photo: Odessa American (oaoa.com) · view original

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about the central bank’s next moves. “Inflation remains elevated,” the Fed said in a statement released afte...

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