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funds rate unchanged at 5 to 5 1/4%. this after ten straight increases that started back in march of 2022 when rates were essentially 0. why are we seeing this pause? inflation is coming down. the economy is slowing. the banking turmoil, though, largely stabilized, still very fresh and the fed has hiked aggressively over the past year plus up until this point. rate hikes take time to settle into and impact the economy. central bankers here after that cpi print that we got yesterday showed the lowest pace of price increases in more than two years. after that, central bankers are feeling comfortable here to hit the pause button and basically assess the data and see whether they're going to have to raise rates again in the future. this is why investors are calling this a quote unquote, hawkish pause, or a skip. it's also why the fed is releasing its economic projections with this report on the heels of this meeting that just finished for the fed, and why that's being watched so