【World Property Journal】Fed Holds Rates, Keeping Mortgage Rates High Amid Oil and Rising Iran War Risks

The Federal Reserve kept interest rates unchanged Wednesday, signaling continued caution as policymakers balance solid economic growth against lingering inflation pressures fueled by energy costs and geopolitical uncertainty.

The Federal Open Market Committee voted to maintain the federal funds target range at 3½% to 3¾%, leaving borrowing costs at their highest levels of the current policy cycle as officials assess whether inflation is moving sustainably toward the Fed's 2% target.

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