Fed holds rates steady for 3rd time amid war-driven inflation concerns

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Source: South Korea
Published: 2026-04-30 04:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, Energy, Economy & Finance, US Politics, Business & Economy, War & Conflict
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Snippet:
WASHINGTON, April 29 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive time in what might be its last rate decision under Chair Jerome Powell, as concerns have risen over the impact of the U.S.-Israeli war against Iran on oil prices and inflation.
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