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flag Fed's Hammack says rates likely steady for months amid economic confidence and slowing inflation.

flag Federal Reserve official Christopher Hammack indicated that interest rates are likely to remain unchanged for several months, according to a report by The Wall Street Journal. flag The statement reflects growing confidence in the economy's resilience and inflation's gradual decline toward the Fed’s 2% target. flag Hammack’s comments suggest a cautious approach as policymakers assess incoming economic data before making further adjustments.

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