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Inflation Is Nearly Back to 2 Percent. So Why Isn’t the Fed Ready to Cut Rates?

by The Associated Press | Feb 12, 2024

From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.

Inflation Is Nearly Back to 2 Percent. So Why Isn’t the Fed Ready to Cut Rates?

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