Fed holds rates steady, cites 'elevated' inflation, 'high level' uncertainty from Middle East war
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Fed holds rates steady, cites 'elevated' inflation, 'high level' uncertainty from Middle East war
US Federal Reserve Chair Jerome Powell speaks during a press conference at the US Federal Reserve in Washington on Wednesday. (Reuters-Yonhap) The US Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time, citing "elevated" inflation and a "high level" o»»»
US Fed holds rates steady in Powell’s final meeting as Fed chair
Central bank keeps interest rates steady at 3.5-3.75 percent amid inflation concerns and global economic strain. The United States Federal Reserve has held interest rates steady at 3.5 to 3.75 percent as inflation and pressure on the labour market during the US-Israel war on Iran weigh on the globa»»»
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