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Fed Warns Middle East Conflict Is Raising Economic Risks

Fed Warns Middle East Conflict Is Raising Economic Risks

Episode 2516 Published 1 month, 2 weeks ago
Description

The Federal Reserve is holding interest rates steady while warning that rising inflation and instability in the Middle East are creating more uncertainty for the U.S. economy. Federal Reserve Chair Jerome Powell also pointed to slowing job growth and higher energy prices during his latest remarks.

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