
Fed Holds Rates Steady Amid Powell Transition and Geopolitical Concerns
The Federal Reserve decided to hold interest rates steady, citing elevated inflation and geopolitical uncertainty from the Middle East war. This decision coincided with Jerome Powell's transition from Fed Chair to Governor, a move influenced by legal pressure from the Trump administration.
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Fed sees three dissents over an 'easing bias.' What's that? - Reuters
Fed sees three dissents over an 'easing bias.' What's that? Reuters
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Central bank chief says he will continue as a governor even after Kevin Warsh succeeds him as chair
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Hong Kong’s monetary authority has held its base interest rate steady, following the lead of the US Federal Reserve, as analysts said the inflationary impact of the US-Israel war with Iran had reduced the chances of a rate cut this year. The city’s base rate would stay at 4 per cent, the Hong Kong Monetary Authority (HKMA) said on Thursday, hours after the US Federal Reserve kept its target rate in the range of 3.5 to 3.75 per cent following the third meeting of the Federal Open Market Commit...
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Read full article →Oil prices settle at multi-week highs as global supply worries mount - The Globe and Mail
Oil prices settle at multi-week highs as global supply worries mount The Globe and Mail
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Fed Holds Interest Rates Steady In Powell’s Last Meeting—With Most Dissenting Votes Since 1992 Forbes
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By The Korea Herald
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Drops Rs5,500/tola amid Fed policy uncertainty; rupee inches up
By Usman Hanif
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