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Fed likely to skip an interest rate hike, but high mortgage rates could be here to stay

Por: Fox Business Business September 20, 2023

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 Former Federal Reserve Governor Robert Heller provides insight on the Federal Reserve's moves on 'Kudlow.' The is expected to skip another interest rate hike at the conclusion of its two-day meeting on Wednesday, but the much-anticipated pause may offer little relief to Americans squeezed by higher borrowing costs. The widely expected decision would leave at a range of 5.25% to 5.5%, the highest level since 2007. But... + full article



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