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The U.S. Federal Reserve held its first meeting under the chairmanship of Kevin Worch, who was appointed with the goal of lowering interest rates, amid expectations of rising inflation that could lead to another increase in interest rates despite political pressures and an available economic environment. The Federal Reserve is expected to issue a monetary policy statement and hold a press conference to clarify its directions, as global economic tensions continue to impact the markets. This comes at a time when market observers anticipate Japan's first interest rate hike since 1995, amid ongoing international economic pressures.
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