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Top IFA Magazine News

Federal Reserve · United StatesThe Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a range between 4.25%-4.5%, where it has been since December.See the Story
Fed holds key rate steady, still sees two more cuts this year
54% Center coverage: 147 sources

UK Economy · United KingdomThe U.K.’s annual inflation rate hit 3.4% in May, in line with analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Core inflation, which excludes more volatile energy, food, alcohol and tobacco prices, rose by 3.5% in the year to May, down from 3.8% in the twelve months to April.See the Story
UK inflation hits 3.4% in May, meeting expectations
43% Center coverage: 33 sources