Fed holds benchmark rate unchanged in 5.25-5.5% range. Jerome Powell led US Fed concluded its two-day Federal Open Market Committee (FOMC) meeting and kept the benchmark lending rates unchanged. "The Committee judges that the risks to achieving its employment and inflation goals have moved toward better balance over the past year. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks," the Fed said in its statement. Watch Ed Yardeni, President and Chief Investment Strategist. Yardeni Research, Inc -New York on ET Now.
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