Fed Maintains Rates as Powell Warns of Global Risks

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The Federal Reserve on Wednesday maintained its interest rates for the third consecutive meeting, as several key policymakers expressed apprehension regarding persistently high energy prices, a situation exacerbated by the ongoing US-Israeli conflict with Iran. Federal Reserve officials maintained the Read More …

Powell signals rate cut pause, dodges Trump criticism

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The Federal Reserve on Wednesday opted to maintain interest rates at their current levels, as the central bank seeks to preserve its autonomy in setting monetary policy free from political pressures. Officials maintained their benchmark lending rate within a range Read More …