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Fed holds rates steady and notes progress on inflation
![Fed holds rates steady and notes progress on inflation](https://www.financialgazette.co.uk/wp-content/uploads/2024/08/9273-fed-holds-rates-steady-and-notes-progress-on-inflation-850x560.jpeg)
Fed holds rates steady and notes progress on inflation
Federal Reserve officials held short-term interest rates steady, but indicated that inflation is getting closer to its 2% target.