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Fed holds key fee regular

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Fed holds key fee regular

WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a … Read more

BOJ to sluggish bond purchases, holds charges at 0.5%

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BOJ to sluggish bond purchases, holds charges at 0.5%

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Japan’s central bank on Tuesday said it would slow the pace of government bond purchases from April next year, while it also held the benchmark rate at 0.5% amid rising … Read more