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Powell warns on energy shock, rates unchanged

The Federal Reserve kept its benchmark interest rate unchanged for a second consecutive meeting, citing uncertainty stemming from the Middle East conflict and rising energy prices.The Federal Open Market Committee voted 11–1 to maintain rates at 3.50–3.75%, following three consecutive cuts late last year and a pause in January. While officials maintained exp..

Trump says US, South Korea agree on 15% tariff
U.S. President Donald Trump announced on July 30 that Washington and Seoul have reached a trade agreement imposing a 15% tariff on South Korean goods, and..

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