Breaking News: The Federal Reserve left rates unchanged but said an increase would “soon” be warranted, citing high inflation and the strong labor market. - HOT AIR BALLOON FLIGHT

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Breaking News: The Federal Reserve left rates unchanged but said an increase would “soon” be warranted, citing high inflation and the strong labor market.

BREAKING NEWS

The Federal Reserve left rates unchanged but said an increase would "soon" be warranted, citing high inflation and the strong labor market.

Wednesday, January 26, 2022 2:03 PM EST

Investors are nervously eyeing the Fed's next steps, worried that its policy changes will hurt stock and other asset prices and rapidly slow down the economy.

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