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Fed holds interest rates steady, signals rate cuts of 0.5% later this year

03:34
Federal Reserve Chair Jerome Powell and his colleagues held interest rates steady Wednesday, as they wait to see how President Trump's tariffs will affect inflation. (Getty Images)
Federal Reserve Chair Jerome Powell and his colleagues held interest rates steady Wednesday, as they wait to see how President Trump's tariffs will affect inflation. (Getty Images)

This article was originally published on June 18, 2025.

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