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CBS News

Fed holds interest rates steady despite inflation concerns

By Home - CBSNews.com
July 29, 2026 1 Min Read
Comments Off on Fed holds interest rates steady despite inflation concerns
The Federal Reserve has voted to keep interest rates steady at the 3.5% to 3.75% target range despite concerns about inflation and oil prices. The decision was not unanimous. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
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