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A divided Federal Reserve holds interest rates steady despite high inflation

A divided Federal Reserve holds interest rates steady despite high inflation
Photo: LAist (KPCC / Southern California Public Radio) · view original

Federal Reserve Chairman Kevin Warsh testifies before the House Financial Services Committee on Capitol Hill (Eric Lee / ) Updated July 29, 2026 at 14:06 PM ET The Federal Reserve held its benchmark interest rate steady Wednesday, but left the door open to raising rates in the future...

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