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Fed maintains rates in Warsh's first meeting
The U.S. Federal Reserve has kept interest rates unchanged at a range of 3.5% to 3.75%, for the fourth consecutive time, despite inflation remaining above the 2% target. The decision was made at its first meeting led by Kevin Warsh, amid concerns over rising energy prices and geopolitical tensions that are fueling inflationary pressures. Investors are now awaiting the policy statement and its explanations regarding the future of interest rate adjustments.
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