Raising rates is not completely off the table

Published: April 19, 2024, 4:03 p.m.

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The message from several officials at the Federal Reserve this week? Don’t expect an interest rate cut anytime soon. And we’ll discuss why there’s a chance that “higher for longer” may not be the end of it. Plus, hospitality businesses in New York City say they’re struggling to fill open jobs. New migrants arriving in the city could help solve that problem \\u2014\\xa0if they get authorized to work.

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