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Powell cites inflation risk as Fed holds interest rates steady
The Federal Open Market Committee voted 9-2 to hold its benchmark federal funds rate in a range of 4.25%-4.5%, as it has at each of its meetings this year. Governors Christopher Waller and Michelle Bowman voted against the decision in favour of a quarter-point cut.
The Federal Reserve kept interest rates stable, citing concerns over inflation risks, while emphasizing a cautious and ...
The U.S. Federal Reserve left interest rates unchanged at 4.25%-4.5% on Wednesday, but two Fed governors, Michelle Bowman and ...
A debate over inflation is once again turning on the question of whether any price rise from Trump's tariffs would be ...
The Federal Reserve's decision to maintain current interest rates drew unprecedented dissent, marking the first time in over ...
Fed officials will publish a post-meeting statement Wednesday at 2pm in Washington, and Powell will hold a press conference ...
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