The Federal Reserve announces the stabilization of interest rates amid the uncertainty of war and inflation pressures

The Federal Reserve Bank (the US central bank) announced today, Wednesday, that it will keep interest rates unchanged, so that the main interest rate remains within the target range between 3.5% and 3.75%.

The Chairman of Annual personal spending inflationat 2.8% and core personal spending rate at 3.0, warning that "If we do not see progress in slowing inflation, we will not see interest rate cuts."

Regarding the Iranian war and Middle East tensions, Powell said: "I would really like to stress that no one knows the economic impact of the conflict in the Middle East

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