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Tuesday, May 21, 2024

Sorry, America, it’s looking like higher interest rates are going to stick around longer

Sorry, America, it’s looking like higher interest rates are going to stick around longer

 and 

It doesn’t look like the Federal Reserve will cut interest rates any time soon.

On Wednesday, the Federal Open Market Committee will announce whether it will continue to hold interest rates steady or cut them — and it’s looking like it will choose the former…

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