
Federal Reserve Holds Interest Rates Steady as Inflation Remains Elevated
The central bank maintained its benchmark rate at 3.75% to 4%, signaling that policymakers need more evidence before deciding their next move.
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The central bank maintained its benchmark rate at 3.75% to 4%, signaling that policymakers need more evidence before deciding their next move.

U.S. financial markets rebounded as investors assessed the Federal Reserve’s latest interest-rate decision.