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Federal Reserve Chair Jerome Powell announced interest rates will remain higher-for-longer on May 1, 2024. The #FOMC maintained a target range for the #federal funds rate at 5.25 to 5.5%, the highest since 2001. #federalreserve #jeromepowell #inflation #economy #icymi #interestrates #thefed #finance #financetok #financenews #employment
Duration: 33 sPosted : Wed, 01 May 2024 18:53:32
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