The Federal Reserve's benchmark overnight interest rate has not budged from the 5.25%-5.50% range since July and won't be touched at a two-day policy meeting that concludes on Wednesday. Inflation has gone sideways since late last year - with some policymakers seeing a risk that progress is stalling - and the outlook for interest rate cuts has shifted steadily outwards with some doubt now about whether they will fall this year at all. How to describe where the Fed stands right now?
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Shareholders might have noticed that Roper Technologies, Inc. ( NASDAQ:ROP ) filed its first-quarter result this time...