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France 24

Business

Bryan QUINN

Federal Reserve holds interest rates steady as US economy charges ahead

United States European Union FTX Inflation

BUSINESS DAILY © FRANCE 24

The US central bank maintains its pause on raising interest rates, while leaving the door open for future hikes, as inflation remains well above its 2 percent target. Also, 28 countries and the EU sign the "Bletchley Declaration" calling for international cooperation on ensuring AI safety. Plus the fate of FTX founder Sam Bankman-Fried lies in a jury's hands after the closing arguments in his fraud trial.

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