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US Fed holds key rate, pencils in 3 cuts this year
US Fed holds key rate, pencils in 3 cuts this year
Business and Economy
by  AFP

The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive meeting, while signaling it still expects to make three cuts this year. - Balance sheet discussions - Fed chair Jerome Powell is set to take questions from reporters later Wednesday, with much of the attention likely to focus on the path of interest rate cuts.