The Federal Reserve keeps interest rates unchanged at 3.50% to 3.75%, stating that economic activity is expanding steadily.
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According to Odaily, Paradis Labs posted on X that the Federal Reserve has decided to keep interest rates at 3.50% to 3.75%. Key points include: inflation remains high due to price increases in sectors such as energy; economic activity continues to expand at a steady pace, influenced by heightened uncertainty from factors such as the Middle East conflict; productivity growth and capital investment remain strong; employment growth is keeping pace with labor force growth, and the unemployment rate has changed little.
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