Pesky Oil Prices Are Messing With Fed's Ability to Stick the Landing
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The Federal Reserve hit pause... for now.
On Wednesday, the Fed left interest rates unchanged as expected, but the central bank had to acknowledge that its inflation-fighting has yet to triumph and at least one more rate hike might come before the year's end. And if you were banking on big cuts to come in 2024, you didn't hear anything reassuring.
Source Fool.com