US Fed holds interest rates steady citing ‘elevated’ inflation
Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.
Policymakers at the Federal Reserve are meeting to discuss interest rates Wednesday. They're expected to hold rates steady, but there's a chance they could raise rates to combat stubborn inflation.
Read Full Article on NPR NewsElevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.

Despite Iran war and high inflation: Kevin Warsh, head of the Federal Reserve, keeps the key interest rate as expected stable. The interest rate range remains at 3.50 to 3.75 percent.
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