Federal Open Market Committee participants meeting in Washington, D.C., Wednesday. Credit/FOMC Federal Open Market Committee participants meeting in Washington, D.C., Wednesday. Credit/FOMC

The Fed decided Wednesday not to change rates, and for the first time since it began raising rates in early 2022, Fed Chair Jerome Powell said he was pleased by rate of improvement in inflation over the past three months.

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Jim DuPlessis

A journalist for decades.

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