The Federal Reserve held interest rates steady for a fifth straight time Wednesday amid mounting pressure on the bank to stay ahead of another war-driven energy price shock. In a 9-3 decision, the Federal Open Market Committee (FOMC) maintained its baseline interest rate at a range of 3.5 percent to 3.75 percent. It marked the…
Fed holds interest rates as new Iran tensions raise inflation risks
- Post author:vivaanbhagat170
- Post published:July 30, 2026
- Post category:News
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