U.S. Fed holds interest rates, now sees just one cut this year
The announcement suggests that U.S. central bank officials remain wary about cutting rates too soon, despite consumer inflation data published earlier, which pointed to a slowdown in the rate of price increases in May.
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The announcement suggests that U.S. central bank officials remain wary about cutting rates too soon, despite consumer inflation data published earlier, which pointed to a slowdown in the rate of price increases in May.
