U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in Washington, U.S, Sept 20, 2023. REUTERS/Evelyn Hockstein WASHINGTON  -The U.S.  Fed eral Reserve held interest  rates  steady on Wednesday but stiffened a hawkish monetary policy stance that its officials increasingly believe can succeed in lowering inflation without wrecking the economy or leading to large job losses. The  Fed ‘s benchmark overnight interest rate may still be lifted one more time this year to a peak 5.

https://business.inquirer.net/422190/fed-keeps-rates-steady-toughens-policy-stance-as-soft-landing-hopes-grow

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