Business
Fed Keeps Rates Steady Amid Tensions
The Federal Reserve maintained its interest rate at 3.5 percent to 3.75 percent, citing concerns over inflation risks from new Iran tensions. The decision was made in a 9-3 vote and comes amid ongoing geopolitical pressures.
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The Hill
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
2026-07-29 18:02 UTC