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Fed Decision Summary @federalreserve (1/29/2025):

📍The Fed left interest rates unchanged at 4.5%.

📍The decision to stop cuts was unanimously made by a vote of 12-0.

📍The Fed says inflation remains moderately high.

📍The Fed says the unemployment rate has stabilized at a low level.

📍The statement on progress toward 2% inflation has been removed.

📍The Fed seems to recognize that deflation has stopped and the fight against inflation continues in the year