Monday, 31 August 2026

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Middle East

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Illustrative image: Facade of the Federal Reserve building at night, illuminated by streetlights and windows.

The Fed keeps rates at 3.50%-3.75% despite improvements in inflation and employment

The Fed maintains rates at 3.50%-3.75% amid improved inflation at 3.5% and unemployment at 4.2%, though Middle East conflict and oil prices keep alert.