Times of IndiaLean R·
US Fed expected to hold rates as inflation, energy costs weigh ahead of midterms
The US Federal Reserve is expected to keep interest rates unchanged in its upcoming meeting next week. Analysts suggest this decision comes despite ongoing inflation pressures and looming midterm elections. The Federal Reserve has struggled to meet its long-term inflation target due to rising prices affecting multiple sectors. Heightened energy costs after global conflicts are contributing significantly to inflation pressures.
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