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Federal Reserve Pauses Rate Cuts Again, Sees One Cut in 2026

The Federal Reserve kept its rate-cutting pause for a second straight meeting and raised its 2026 PCE inflation forecast to 2.7%, while saying the implications of Middle East developments are "uncertain."

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Terms & Concepts
  • PCE inflation: Personal Consumption Expenditures inflation, a price gauge closely watched by the Federal Reserve for monetary policy decisions.
  • Rate cut: A reduction in benchmark interest rates, typically used by central banks to support borrowing, spending, and economic activity.