Fed Likely to Hold Rates Steady After Busy Year

Fed Likely to Hold Rates Steady After Busy Year

The Fed cut interest rates by a quarter-percentage point at its past three meetings, most just recently in late October to a variety in between 1.5%and 1. This week’s conference is shaping up as a comparatively uneventful end to a year that has been “far from dull,” as Fed Chairman Jerome Powell dryly observed …

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