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US Fed official says rate cut unlikely in #39;short term#39;

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The Fed recently voted to hold its benchmark lending rate at its current 22-year high for the second consecutive meeting, and indicated it still has “a long way to go” to bring inflation down to its long-run target of two percent.

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​ The Fed recently voted to hold its benchmark lending rate at its current 22-year high for the second consecutive meeting, and indicated it still has “a long way to go” to bring inflation down to its long-run target of two percent. The Fed recently voted to hold its benchmark lending rate at its current 22-year high for the second consecutive meeting, and indicated it still has “a long way to go” to bring inflation down to its long-run target of two percent.  Moneycontrol Latest News Read More  

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