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AIPROPX ReportThe Hill · 2h ago

Fed holds interest rates as new Iran tensions raise inflation risks

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The Federal Reserve held interest rates steady for a fifth straight time Wednesday amid mounting pressure on the bank to stay ahead of another war-driven energy price shock. In a 9-3 decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. It marked the...

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Region: US
In this story: 7 of 22 reports · 15 outlets
Detected names: FedIranThe Federal ReserveFederal Open Market CommitteeFOMC

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