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Fed hold rates steady, says job market is 'solid' while inflation 'remains somewhat elevated'

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. 
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Information
Source name: 
The Associated Press
Unique identifier: CP173987531 
Legacy Identifier: d8d8685d48cf423195257b787ebe0aa1 
Type: Video 
Duration: 1m7s 
Dimensions: 1920px × 1080px     82.87 MB 
Usage rights: Digital platform use only. Broadcast rights and editing of content prohibited. 
Create Date: 1/29/2025 8:47:45 PM 
Display aspect ratio: 16:9