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BusinessDecember 18, 2023

Inflation keeps coming down, the labor market keeps getting back into balance and it's so far, so good. ...

Jerome Powell
Jerome PowellAlex Brandon ~ Associated Press, file

Inflation keeps coming down, the labor market keeps getting back into balance and it's so far, so good. — Federal Reserve Chair Jerome Powell after the Fed decided to keep interest rates steady for their third meeting in a row Wednesday, Dec. 13. The move suggests the Fed could cut interest rates sometime next year.

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