
The US Federal Reserve has kept its benchmark lending rate unchanged at 3.5%–3.75% as inflation remains above its 2% target. Markets will now closely watch the Fed’s September policy meeting for the next move on rates.

The US Federal Reserve has kept its benchmark lending rate unchanged at 3.5%–3.75% as inflation remains above its 2% target. Markets will now closely watch the Fed’s September policy meeting for the next move on rates.
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