The Federal Reserve held the federal funds rate at 3.50%-3.75%, addressing inflation concerns from rising energy prices. Officials updated year-end PCE inflation forecasts, hinting at potential rate hike that may impact foreign investment sentiment, particularly in emerging markets like India.
The Federal Reserve held the federal funds rate at 3.50%-3.75%, addressing inflation concerns from rising energy prices. Officials updated year-end PCE inflation forecasts, hinting at potential rate hike that may impact foreign investment sentiment, particularly in emerging markets like India.
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