US keeps interest rates steady: War on Iran raises fears of inflation shock

The US Federal Reserve has left interest rates unchanged, as elevated inflation and a jump in oil prices linked to the war on Iran add uncertainty to the outlook.

New chairman Kevin Warsh said policymakers stand ready to adjust borrowing costs to safeguard growth and price stability.

Al Jazeera's Rosiland Jordan reports from Washington, DC. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on X : https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.news/AJEMobile

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