Federal Reserve holds interest rates steady amid policy uncertainty

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The U.S. Federal Reserve decided to keep interest rates unchanged, extending its current pause in monetary policy adjustments. Markets were notably divided ahead of the decision, reflecting uncertainty about the central bank's next move — an unusual dynamic compared to recent years. Attention is now turning to Kevin Warsh, who is expected to outline a future policy roadmap. The hold signals a cautious stance from the Fed as it navigates evolving economic conditions.

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