SMH ·general ·2 hours ago

Oil prices surge as Federal Reserve holds rates steady amid policy divisions

Oil prices surged 5.8 percent to $110.41 per barrel as the Federal Reserve held rates steady Wednesday, with three officials dissenting against future cuts. Rising energy costs and divided Fed sentiment spooked bond markets, sending the 10-year Treasury yield to 4.40 percent.

Summary by Glance · SMH

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