The Age ·general ·2 hours ago

Federal Reserve holds rates steady as Wall Street falls, oil surges past

Wall Street stocks fell modestly Wednesday as the Federal Reserve held interest rates steady and signaled reluctance to cut soon, with three officials dissenting. Brent crude oil jumped 5.8 percent to $110.41 per barrel, reaching near 2022 highs amid U.S. sanctions on Iran. Australian shares are set to decline 0.9 percent at open, following the U.S. selloff.

Summary by Glance · The Age

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