Kiplinger - Fed maintains interest rates as inflation cools

"In one of the most uneventful statements this year the Fed keeps rates unchanged and remains ready to adjust policy to new information," Giuseppe Sette, president of Toggle AI, said in an emailed response to the Fed announcement. "The market rallied sharply in expectation of a dovish Fed, so the next days will show us whether this FOMC meeting will lead to a case of 'sell the news.'"

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