CNN —
The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed’s inaction, there are still opportunities to maximize the interest you earn on your savings or reduce what you pay on your debts.
Given the Trump administration’s whipsaw tariff policies and its smiting of the United States’ closest allies, many analysts have now reduced their US growth forecasts. So did the Fed, noting in its policy statement Wednesday that it expects weaker growth and higher inflation than previously assumed. However, it also noted “high uncertainty” surrounding the effects
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