Mehta: Fed Hold Unsurprising; Outlook Unclear

Rachana Mehta, Head of Regional Fixed Income at Maybank Asset Management, said the Federal Reserve's decision to hold interest rates unchanged was expected, according to Bloomberg. Mehta told Bloomberg's Abeer Abu Omar that the outlook for future Fed policy remains uncertain. The 30-year Treasury bond market and investors are monitoring potential future actions by Kevin Warsh regarding inflation management.

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