00:00The U.S. Federal Reserve has held interest rates unchanged for the third time this year.
00:05The benchmark rate was kept at 3.5 to 3.75 percent on Wednesday, as anticipated by the market.
00:12The decision was a split vote, highlighting the Fed's uncertain outlook amid global inflation risks from the Iran war.
00:19Jerome Powell is set to step down as Fed chair in May while staying on as a governor.
00:24Trump pick Kevin Warsh will likely succeed him following approval in the U.S. Senate.
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