Trump and Warsh dispute benefit stir Fed's inflation stance
The increase in U.S. interest rates caused the dollar to reach its highest level in seven weeks, impacting global markets. The Japanese Nikkei index rose, supported by the Federal Reserve's decision and declining oil prices, while the rise in cyberattacks on commercial ships raises concerns about increased costs in maritime trade. The article did not provide any additional details regarding the specific impact on shipping or costs.
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