FinanceNewsAPI
Fed holds rates steady as war in Iran clouds outlook - The Washington Post
Overview
The Federal Reserve kept interest rates steady amid signs that the Persian Gulf conflict is complicating the inflation outlook. With the Fed's preferred inflation gauge rising to its highest level in nearly three years and a still-firm labor market, policymakers have stronger reasons to remain cautious about cutting rates as energy risks keep inflation elevated.
Entities
ORGThe Washington PostORGFederal ReserveLOCIranLOCPersian GulfDonald Trump
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