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The Piney Point

Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now

Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now
Photo: KPRC 2 / Click2Houston (NBC) · view original

Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway. Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest rate unchanged. Members of the central bank’s r...

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