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Fed holds US interest rates steady, cites 'uncertain' environment
semafor.com/article/06/18/2025/us-federal-reserve-holds-interest-rates-steady
The US Federal Reserve held interest rates steady Wednesday for the fourth straight meeting, while cutting the outlook for the country’s economy.
The Fed forecast 1.4% GDP annual growth, down from its earlier estimate of 1.7%, and raised its inflation prediction.
The decision underscored…
This story appeared on semafor.com, 2025-06-18 19:54:44.