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Topic: U.S. Economy
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U.S. Economy

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Education Department Details Four-Year Auto-Pay Interest Cut For Direct Loan Borrowers
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The Education Department said on Thursday it will temporarily cut interest rates by 1 percentage point for qualifying federal Direct Loan borrowers who enroll in or already use auto pay. CBS News
Fed Holds Interest Rates Steady In Kevin Warsh's First Meeting
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The Federal Reserve unanimously voted to keep interest rates unchanged in Kevin Warsh's first decision as chair on Wednesday, June 17, 2026, holding the federal funds target at 3.50% to 3.75%. CBS

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