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Central bank holds rates even as investors worry Iran war will ignite jolt of price growth
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A divided Fed holds interest rates steady despite stubborn inflation The Washington PostAnalysis: Fed Chairman Warsh's credibility in question after leaving interest rates unchanged CNBCTranscript: Fed holds rates as inflation fears grow Financial Times
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Wall Street closes down sharply after Fed holds rates unchanged ReutersDow drops 1,100 points for worst day since April 2025 on fear the Fed is falling behind on inflation: Live updates CNBCU.S. Stocks Slide After Fed Pause, Escalation in Iran War WSJStock market today: Dow plunges by 1,100 points, S&P 500 and Nasdaq sink as yields rise on Fed's hawkish hold Yahoo Finance
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Microsoft Profit Jumps 31% as Azure Cloud Sales Surpass $100 Billion wsj.comMicrosoft jumps 8% as it boosts capital spending plans, citing demand CNBCMicrosoft Increases Spending on A.I. as Profit Jumps 31% nytimes.comMicrosoft's Cloud Accelerates to Fastest Growth Since 2022 Bloomberg.comM
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Warsh-led Fed leaves rates on hold and a bond market scratching its head ReutersFed holds interest rates steady, but 3 officials dissent in favor of a hike Yahoo FinanceHere's what changed in the second Fed statement under Warsh CNBC
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Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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