Fed maintains freeze on interest rates as it fine-tunes fight against inflation

The Federal Reserve on Wednesday kept a key interest rate at a 22-year high and left the door slightly ajar for another hike down the road if inflation doesn’t continue to slow.

The decision to hold rates steady in a range of 5.25% to 5.5% was unanimous.

The Fed is weighing how much more to raise interest rates to slow the economy and tame…

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