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Fed keeps interest rates at 23-year high

Federal Reserve chairman Jerome Powell and his colleagues voted to hold interest rates steady at a 23-year high on Wednesday. The central bank is trying to curb stubborn inflation. (Getty Images)
Federal Reserve chairman Jerome Powell and his colleagues voted to hold interest rates steady at a 23-year high on Wednesday. The central bank is trying to curb stubborn inflation. (Getty Images)

This article was originally published on May 01, 2024.

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