News Wrap: Federal Reserve holds interest rates steady, but some vote for increase
Summary
The Federal Reserve decided to keep interest rates the same, although three officials wanted to raise them because of inflation and higher energy prices linked to the Iran war. President Trump announced a $22 billion plan to improve Washington Dulles International Airport. In Japan, an earthquake has caused 18 deaths.Key Facts
- The Federal Reserve kept interest rates steady.
- Three Fed officials voted to increase interest rates.
- Inflation and energy prices rising, partly due to the Iran war, are concerns.
- President Trump revealed a $22 billion plan to upgrade Washington Dulles International Airport.
- The airport project is part of efforts to improve the region.
- An earthquake in Japan has resulted in 18 deaths.
- The news comes from a Wednesday update covering multiple stories.
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