US Fed holds interest rates at 3.9% as inflation remains high

· thehindubusinessline.com

The US Fed holds rates at 3.9% as inflation hits 3.7%. Two officials favour a hike, while markets watch for signals on a possible December rate increase.

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9 per cent despite stubbornly high inflation, while providing little hint about the central...


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