Fed leaves rates unchanged, says geopolitical uncertainty clouds outlook

The Federal Reserve decided to keep interest rates unchanged, citing ongoing geopolitical uncertainties that could impact the economic outlook. This decision reflects concerns over inflation and the potential effects of global events on the U.S. economy. Fed officials emphasized the need for caution and indicated that future rate adjustments will depend on evolving economic data. The central bank remains committed to its dual mandate of promoting maximum employment and stable prices.

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