Fed holds interest rates steady despite Trump’s renewed calls to lower them
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Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up againThe US Federal Reserve held interest rates steady on Wednesday in a divided vote, indicating growing pressure on the central bank to address heightened inflation.The Fed’s federal open market committee voted 9-3 to maintain rates, with three dissenting members indicating a preference to raise the rate by a quarter-percentage point. It was the first time in a decade that three board member
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