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Iran has brought days of relative calm in the Middle East to an end after launching what the US called a “surprise” attack in a striking change to the pattern of fighting.
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Fed Chairman Warsh discusses the central bank's decision to hold rates steady. Watch here.
The Fed leaves its key interest rate unchanged, but a hike is widely expected at the next meeting in September.
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Fed holds interest rates steady amid resurgent inflation pressures set off by the war in Iran
