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Fed Fails to Hike Interest Rates Amid Inflation Concerns

Guavy AI Editorial Team
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The Federal Reserve is expected to leave interest rates unchanged when it makes its decision on July 29, 2026. However, some experts believe that inflation warrants a rate hike. Kelly O'Grady of CBS News notes this contradiction in expectations.

CBS News 24/7 provides live and original reporting from top anchors and correspondents around the globe, including breaking news and programs on various platforms. The service is available free to everyone with access to the internet and can be streamed through multiple devices.

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