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Fed Holds Interest Rates Steady Amid Iran War Uncertainty

The Hindu

The Federal Reserve maintains interest rates amid economic uncertainty from the Iran war. What does this mean for inflation and employment? Read more.

Fed holds rates unchanged at 3.50%-3.75% amid Iran war.

Inflation now expected to hit 2.7% by December 2026.

Unemployment rate remains steady at 4.4%, raising concerns.

Dissent within the Fed as one governor calls for rate cut.

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