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AFP News

US Fed Kicks Off Rate Meeting With Another Pause Expected

US Federal Reserve United States Inflation ECB

The US Federal Reserve has continued to keep the threat of another rate hike alive (Credit: AFP)

The US Federal Reserve began a two-day interest rate meeting Tuesday at which policymakers are widely expected to hold rates steady for a third straight meeting as they continue the fight against high inflation.

The meeting began at 10:30 am (1530 GMT), the Fed announced in a statement.

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