US Fed holds interest rates steady amid sharp divide over policy easing bias
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The Federal Reserve held interest rates steady on Wednesday (Apr 29) in a divided decision that noted rising concerns about inflation. The Fed said in its policy statement that inflation remains elevated, partly due to the recent rise in global energy prices stemming from developments in the Middle East. CNA’s Tony Waterman reports on the Fed’s decision from Washington, while Macquarie Group strategist Thierry Wizman discusses on Asia First the outlook for interest rates amid geopolitical
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