RBI likely to delay slashing interest rates amid risks of rising inflation

Deccan Herald

Summary

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The US Federal Reserve has held interest rates at a 23-year high amid stubborn cost-of-living increases.
Aljazeera
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The US Federal Reserve, in its latest monetary policy meeting, voted to leave the key interest rate unchanged at 5.25-5.50 per cent, keeping the policy rate unchanged for the sixth straight time on the trot.
Free Press Journal
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Global markets are still processing the probability that U.S. interest rates will remain higher for longer, as the Fed acknowledges that high inflation has forced it into a holding pattern on interest rates.
The New York Times
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For months, the U.S. central bank has held its benchmark lending rate at a high level to cool demand and rein in price increases — with a slowdown in inflation last year fueling optimism that the first cuts were on the horizon.
The Korea Times

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updated 88:88

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