June 19, 2025 2:12 PM June 19, 2025 2:12 PM
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US Fed keeps interest rates unchanged for 4th time amid elevated inflation
The US Federal Reserve's Federal Open Market Committee (FOMC) has kept interest rates unchanged for the fourth consecutive time at a 4.25 per cent to 4.5 per cent range in its latest meeting. The American central bank has maintained the same level since December 2024 amid ongoing geopolitical tensio...