The Guardian Australia – Business
·business
·4 hours ago
Federal Reserve holds interest rates steady for fourth time this year
The Federal Reserve held interest rates steady at 3.5% to 3.75% for the fourth time this year, following its first meeting under new chair Kevin Warsh. The decision comes amid elevated inflation at 4.2%, driven by geopolitical tensions in the Middle East. Unemployment remains stable at 4.3% as the economy continues to show signs of strength.
Summary by Glance · The Guardian Australia – Business
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