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US Fed holds federal funds rate at 3.5–3.75% amid uncertainty
US Fed kept the federal funds rate unchanged at 3.5–3.75 per cent, citing solid economic growth, stabilising unemployment and still-elevated inflation.
The central bank said uncertainty around the outlook remains high and risks persist on both sides of its mandate.
Future policy moves will depend on incoming data, inflation trends, labour market conditions, and international developments.
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