 The Federal Reserve made an announcement on November 1 regarding the decision to maintain interest rates at a 22-year high for the second consecutive meeting. This decision is part of the Fed’s strategy to effectively reduce inflation and ensure it remains at its desired long-term target of two percent. The intention behind this approach is to achieve these goals without negatively impacting the robust state of the economy.

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The Federal Reserve made an announcement on November 1 regarding the decision to maintain interest rates at a 22-year high for the second consecutive meeting. This decision is part of the Fed's strategy to effectively reduce inflation and ensure it remains at its desired long-term target of two percent. The intention behind this approach is to achieve these goals without negatively impacting the robust state of the economy.{ai:summary}<p>The Federal Reserve keeps interest rates high to control inflation without harming the economy. #economy</p>

US Fed Anticipates Prolonged Period of High Interest Rates | Report

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