January 31, \u200c2024\u200c \u2013 \u20631:27 PM PST<\/strong><\/p>\n

Federal Reserve Chair Jerome Powell holds a press conference \u2063following the release \u2064of the \u200bFed\u2019s interest rate policy decision at \u200dthe\u2064 Federal Reserve in Washington, U.S., January \u200d31, 2024. REUTERS\/Evelyn Hockstein<\/figcaption><\/figure>\n
WASHINGTON (Reuters) \u2013 The \u2063Federal Reserve left interest rates unchanged<\/a> on Wednesday but took a major step towards lowering them in coming months in \u200ba policy statement that tempered inflation concerns with other risks to the economy and dropped a longstanding reference to possible further hikes in borrowing costs.<\/strong><\/p>\n
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