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The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
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Some policymakers saw a "strong case" for a hike — but they were in the minority.
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Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
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Policymakers said they would need to remain "nimble" as they weighed the impact the war had on inflation.
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The Iran cease-fire may be the ‘green light' the Fed needs.
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Delta is scaling back its flight plans as fuel costs grow to reduce its expenses.
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Hawaii faces another major flood threat 2 weeks after its worst flooding in 20 years CNNFirst Alert Forecast: Statewide Flood Watch extended through Friday, more heavy rain and gusty winds expected Hawaii News NowHawaii faces renewed flooding, mudslides as third Kona storm ramps up YahooHawaii braces for another deluge on the heels of record-breaking rain The Washing
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Federal Reserve Governor Stephen Miran spoke Monday on CNBC's "Squawk on the Street."
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