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US Fed holds interest rates steady citing ‘elevated’ inflation
Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.
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straitstimes.com
US Federal Reserve faces growing pressure to hike rates as price risks rebound
AI-driven demand, Iran war and the newly announced tariffs also call for higher rates. Read more at straitstimes.com. Read more at straitstimes.com.
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channelnewsasia.com
US Federal Reserve holds rates steady as inflation hawks call for hike
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…
