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Inflation Is Way Down. Is It by Design or Just Luck?
The Daily
Why the Fed Didn't Raise Interest Rates Again Last Week
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The Fed hit pause on interest rate increases for the first time in 11 meetings. It also signaled that it's going to raise rates twice more this year, which is more than we had expected. And I think that the message it sent was, we want to be cautious here. We want to try not to blow up the economy, but we're pretty darn worried about where inflation is headed.
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