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US Fed holds interest rates steady, citing ‘elevated’ inflation
Elevated inflation partly reflects supply shocks that have increased prices, including of energy, the Fed said.
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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…
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US Fed expected to hold rates steady as inflation hawks circle
WASHINGTON: The US Federal Reserve is expected to hold interest rates steady on Wednesday (Jul 29), but with surging inflation fuelled by President Donald Trump's war on Iran,…
