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Did the Fed just make a huge mistake? The cost of living is Issue No. 1 for voters heading to the polls, but the Federal Reserve saw America’s persistent inflation problem Wednesday and opted not to do anything about it. ...into its biggest annual decline since the financial crisis and put the housing market on ice. But the economy didn’t go into a recession – a trick the Fed has rarely pulled off when it hikes...... Fed holds interest rates steady even as inflation remains stubborn ...by the bond market but can also be influenced by Fed decisions. Mortgage rates climbed to a three-year high of 7.4% earlier this month, before easing slightly. The high cost of home loans has......