June 18, 2025 9:44 pm EDT
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The Federal Reserve just announced it’s keeping interest rates steady at 4.25% to 4.5%. This marks another month of the Fed’s “wait-and-see” approach as officials assess how President Donald Trump’s economic policies might impact inflation and growth. The central bank still expects two rate cuts by year’s end, but don’t hold your breath for immediate relief if you’re carrying credit card debt…

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