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flag The Fed holds rates steady, citing inflation and strong economy, with no cuts expected soon.

flag The Reserve Bank is set to explain its decision not to cut interest rates, citing persistent inflation pressures and a need for continued monetary restraint to ensure price stability. flag Officials emphasize that economic data, including labor market strength and consumer spending, support maintaining current rates. flag The central bank reaffirmed its commitment to achieving its inflation target over the medium term, signaling caution despite recent signs of slowing growth. flag No immediate rate reductions are expected.

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