U.S. Fed expected to hold rates steady as inflation hawks circle The U.S. Federal Reserve is expected to hold interest rates steady on July 29, but with surging inflation fuelled by President Donald Trump's war on Iran, analysts say some policymakers will dissent in favor of a rate hike.

The new head of the US central bank said he is committed to lowering inflation. Read more at straitstimes.com. Read more at straitstimes.com.

WASHINGTON: The US Federal Reserve held interest rates steady on Wednesday (Jul 29), with surging inflation fueled by President Donald Trump's war on Iran seeing three of the…

The US Federal Reserve is expected to maintain current interest rates on Wednesday. Analysts anticipate some policymakers may dissent, advocating for a rate increase. Surging…

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated…