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flag The Fed holds rates steady at 3.75% due to high inflation and a strong job market, delaying cuts.

flag The central bank held its key interest rate at 3.75% in its latest decision, citing persistent inflation pressures and a strong labor market. flag Officials noted that recent economic data showed inflation remains above target, justifying caution. flag The decision suggests no rate cuts are expected soon, which may keep borrowing costs high for mortgages, loans, and credit cards. flag Consumers and businesses should prepare for continued financial pressure.

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