The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hikes to combat surging inflation. Despite economic expansion and strong job gains, elevated inflation, partly due to Middle East conflict and energy prices, is a growing concern.
The US Federal Reserve maintained interest rates at 3.5%-3.75% in its latest meeting. Policymakers indicated a potential rate hike in 2026 to address persistent inflation, exacerbated by geopolitical tensions and energy costs. Despite robust economic expansion and strong job…
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