The Federal Reserve held interest rates steady Wednesday as bankers stared down the evolving economic blowback from the war in Iran. The Federal Open Market Committee (FOMC), the panel of bank officials responsible for setting borrowing costs, maintained its baseline interest rate at a range of 3.5 to 3.75 percent. FOMC officials voted 11-1 to…
Politics
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Fed keeps rates steady as Iran conflict roils economy
CN
CitrixNews Staff
Originally reported by The Hill
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