US Federal Reserve holds rates steady as three officials push for increase
The US Federal Reserve left interest rates unchanged, though three committee members voted for a rate rise, while oil prices jumped on Middle East tensions.
The Federal Reserve decided to keep interest rates on hold at its latest meeting. Three of the Committee's members dissented, preferring to raise rates instead. Oil prices rebounded sharply amid escalating tensions in the Middle East.
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USD marginally weaker after the Fed hold
US Federal Reserve leaves rates on hold, although three Committee members dissented in favour of an increase. Oil prices rebounded sharply amid further tensions in the Middle East