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Fed meeting updates: FOMC set to hold rates steady as oil prices soar

The Federal Reserve will likely hold interest rates steady at its March meeting, following a dismal jobs report and an energy and oil crisis in Iran. For the past year, the Fed has faced increasing pressure from the White House to lower interest rates. Powell has been in the hot seat, with Trump often threatening to fire him before the end of his term. Fed Governor Lisa Cook's case — in which she ... [6858 chars]

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