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US Fed holds interest rates steady amid economic uncertainty
US Federal Reserve has kept interest rates steady at 4.25 to 4.5 per cent, citing strong economic activity, low unemployment, and persistent inflation. The Fed will slow its balance sheet reduction, cutting Treasury redemptions from $25 billion to $5 billion monthly. Economic uncertainty has increased, and the Fed remains flexible on future adjustments.
US Federal Reserve has kept interest rates steady at 4.25 to 4.5 per cent, citing strong economic activity, low unemployment, and persistent inflation.
The Fed will slow its balance sheet reduction, cutting Treasury redemptions from $25 billion to $5 billion monthly.
Economic uncertainty has increased, and the Fed remains flexible on future adjustments.
