<![CDATA[ "In the near term, higher energy prices will push up overall inflation," Fed Chair Jerome Powell said, referring to steeper costs from the war in the Middle East. ]]>
WASHINGTON: The US Federal Reserve raised its inflation forecast Wednesday (Mar 18) as it held interest rates steady, citing an "uncertain" economic outlook due to the war in Iran.
The 11-1 vote on … [+2649 chars]
