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Fed holds fire on interest rates despite intensifying inflation
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Guardian Business
Fed holds interest rates steady despite Trump’s renewed calls to lower them
Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again
The US Federal Reserve held interest rates steady on Wednesday in a divided vote, indicating growing pressure on the central bank to address heightened inflation.
The Fed’s federal open market committee voted 9-3 to maintain rates, with three dissenting members indicating a preference to raise the rate by a q…
29 Jul, 21:06
Centre
(1)
FT UK
Fed holds fire on interest rates despite intensifying inflation
Central bank to vote on monetary policy seven times next year in shift from decades-old custom of having eight such meetings
28 Oct, 21:32
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