Fed holds interest rates steady even as inflation remains high
The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.
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The U.S. central bank left borrowing costs unchanged this month after hiking rates in September for the first time in three years.
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
