Fed Keeps Interest Rates Unchanged as Gas Prices Spike

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As gas prices in the United States skyrocket, the Federal Reserve voted to hold interest rates steady on Wednesday and appeared to take a wait-and-see attitude on how the war in Iran will further impact the economy. NBC’s Brian Cheung joins TODAY to break down what Fed chair Jerome Powell addressed about oil costs and affordability concerns.

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Fed Keeps Interest Rates Unchanged as Gas Prices Spike

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