🇺🇸 Federal Reserve pauses interest rate cuts, remains at 3.50 - 3.75%.

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Inflation remains somewhat elevated remains somewhat elevated

• Governors Waller and Miran dissent in favor of 25 bps cut.

• Unemployment rate has shown some signs of stabilization.

• Fed votes 10-2 to hold benchmark rate in 3.5%-3.75% range.

• US short-term interest-rate futures slide after Fed keeps policy rate on hold.

Post will be updated...

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