R.E.A.D 12/13 Fed hold rates steady, but are they really cutting rates in 2024?
Episode description
-The Federal Reserve held rates steady at the end of its two-day meeting Wednesday.
-Many economists believe this concludes the central bank’s rate-hiking cycle, which aimed to bring down inflation without tipping the economy into a recession.
-Still, the combination of higher rates and inflation has hit household budgets particularly hard.
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