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On Friday, March 1st local time, the Federal Reserve released its latest forecast for the semi annual monetary policy report, stating that although the pressure on the US banking industry has subsided, there are still some weaknesses in financial stability. Overall, the banking system is sound and resilient, but several risk areas should still be monitored. The report shows that officials are still highly concerned about inflation risks, and future data, prospects, and risks will guide interest rate decisions.
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