Fed holds key interest rate steady for 5th straight time

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Source: South Korea
Published: 2026-07-30 04:02 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Middle East, Military & Defence, Iran, US Politics, Business & Economy, War & Conflict
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Snippet:
WASHINGTON, July 29 (Yonhap) -- The U.S. Federal Reserve on Wednesday held its benchmark interest rate steady for the fifth consecutive time amid continuing concerns over the economic impact of renewed fighting in the Iran war and U.S. President Donald Trump's calls to lower borrowing costs.
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