Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Fed holds rates steady again and pivots toward cuts in 2024

Fed officials expect to lower rates by 75 basis points next year

Bloomberg News

The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished, forecasting a series of cuts next year. Officials decided unanimously to leave the target range for the benchmark federal funds rate at 5.25% to 5.5%, the highest since 2001. Policymakers penciled […]

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