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Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

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Duration: 1m7s

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Create Date: 1/29/2025 8:47:45 PM

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