Fed Holds Rates as Iran Tensions Raise Inflation Risk
TL;DR Summary
The Federal Reserve kept interest rates unchanged for the second straight meeting as the war with Iran drives higher oil prices, lifting inflation risks and keeping policymakers from cutting rates.
- Fed holds rates steady as war in Iran clouds outlook The Washington Post
- Powell says the global oil crisis may have only temporary economic effects CNN
- Here are the five key takeaways from this week's Fed meeting CNBC
- Live Updates: Federal Reserve Leaves Interest Rates Unchanged The New York Times
- 'Nobody knows': Oil price shock leaves Fed uncertain about the economy NBC News
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