Fed Holds Interest Rates at 3.75%-4% as Inflation Concerns Deepen, Two Officials Push for Hike

The Federal Reserve kept interest rates unchanged on Wednesday, choosing to assess additional economic data before tightening monetary policy again, even as persistent inflation and resilient economic growth strengthened the case for a more aggressive response to rising prices. The Federal Open Market Committee maintained its benchmark federal funds rate at 3.75% to 4%, following […]

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