What the sources add
The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.
The Federal Reserve is widely expected to hold interest rates steady at its Wednesday decision, with Chair Warsh scheduled to hold a briefing afterward. Markets and analysts anticipate no change despite recent inflation acceleration linked to oil and gas price spikes from the Iran war. The decision comes days before U.S. midterm elections.
NYTimes – Business The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.
The Federal Reserve is expected to stand pat on interest rates Wednesday even though inflation has accelerated in the past couple of months as the Iran war has caused spikes in oil and gas prices.
Markets expect the central bank to hold rates steady for now.
NYTimes – Business The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.
BBC News – Business Here’s what you need to know from John Healey’s first Budget, as the chancellor sets out the government’s tax and spending plans.
Sky News – World The Villa Vie Odyssey, a luxury cruise ship on a three-year round-the-world voyage, has suspended its trip in Cambodia because of rising fuel costs, according to operators. Passengers are stranded and the company is working with them on temporary living arrangements.
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