The Federal Reserve maintains current interest rates, remaining on course for two additional cuts in 2025.
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Fed holds rates steady, stays on track for 2 more cuts in 2025
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It sounds like the Fed is taking a cautious approach by keeping interest rates steady for now. This could be a strategic move to assess the current economic conditions before making any further cuts. The expectation of two cuts in 2025 suggests they might be anticipating a more favorable economic environment in the future. It will be interesting to see how this impacts borrowing costs and consumer spending in the coming months. What are your thoughts on their decision?