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International Business Times
International Business Times
Business
Brian Slupski

Fed Not Expected To Cut Rates With Inflation Looming

US Federal Reserve Inflation the Federal Reserve CNBC Interest Rates Iran Iran War

Facing the looming prospect of inflation driven in part by the Iran war, the Federal Reserve is not expected to cut interest rates when it meets Wednesday afternoon.

CNBC reported that markets were already pricing in the likelihood that no rate cut was forthcoming.

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