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Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged -- for now

WASHINGTON (AP) — Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action -- not this week anyway. Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest rate unchanged. Members of the central bank’s rate-setting committee may not be so reluctant to act when they gather again next Sept. 15-16. Inflation has been stuck above the Fed's 2% target for more than five years. New Fed...

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