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US FRB Monetary Policy Meeting Held This Week, Expectations Grow for No Interest Rate Cut
Amid rising concerns that the escalating situation in Iran will cause oil prices to surge and inflation to accelerate again, the US Federal Reserve (FRB) will hold a monetary policy meeting this week. In financial markets, expectations are growing that interest rates will not be cut for the second consecutive meeting, and attention is focused on Chairman Powell's remarks regarding the uncertain outlook for the global economy.
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