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SUMMARY OF THE FED'S DECISION (29/4/2026):
1. The Fed keeps rates unchanged for the third consecutive meeting
2. Four Fed members dissented on the pause in interest rates for the first time since 1992
3. Three Fed members did not support including a "dovish bias" in the statement
4. The Fed says developments in the Middle East are contributing to a "high level of uncertainty"
5. The Fed specifically expresses concern about rising energy prices
6. The Fed replaces "somewhat elevated" with "is elevated" regarding inflation
The Fed seems to be preparing for more inflation.