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Fed holds interest rates as new Iran tensions raise inflation risks

The Hill

PoliticsThe Hill·Jul 29, 2026·1 min read

Fed holds interest rates as new Iran tensions raise inflation risks

The Federal Reserve held interest rates steady for a fifth straight time Wednesday amid mounting pressure on the bank to stay ahead of another war-driven energy price shock. In a 9-3 decision, the Federal Open Market Committee (FOMC)…

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