The has voted to hold interest rates steady for the fifth consecutive meeting today, but has indicated it still plans to cut rates multiple times this year.The Fed's benchmark funds rate - which has a knock-on effect on mortgages and credit card loans - will remain at its current level of between 5.25 and 5.5 percent where it has been since last July. But alongside the decision, policymakers penciled in three quarter-percentage point cuts by the end of the year.
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