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LIVE: Chair Jerome Powell speaks after US Fed holds rates steady

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Federal Reserve Chair Jerome Powell speaks after the US central bank kept interest rates unchanged but signaled in new economic projections that borrowing costs will likely rise by another half of a percentage point by the end of this year as the Fed reacted to a stronger-than-expected economy and a slower decline in inflation.

#Live #Fed #FederalReserve #JeromePowell #JayPowell #interestrates #economy #borrowing #costs #inflation #news #Reuters #Livenews
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World
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