The Federal Reserve opted to maintain interest rates despite ongoing inflation concerns. This decision comes at a time of increased energy prices attributed to the Iran war. However, three officials from the Federal Reserve expressed support for an interest rate hike.
In other news, President Trump announced a substantial $22 billion renovation plan for Washington Dulles International Airport. This move reflects his continued efforts to transform the region.
In Japan, the aftermath of an earthquake has resulted in a death toll of 18. The event has had significant impacts on local communities.