WASHINGTON, United States — The US Federal Reserve raised its inflation forecast Wednesday as it held interest rates steady, citing an “uncertain” economic outlook due to the war in Iran. The 11-1 vote on the benchmark lending rate was widely expected, but nonetheless defied US President Donald Trump’s demands for a reduction as the world’s largest economy battles stubborn inflation and weak labor demand. Rates were kept steady at a range of 3.5 percent to 3.75 percent, with officials flagging one expected cut by the end of the year. But the Fed raised its inflation outlook, now expecting its preferred […]... Keep on reading: US Fed holds rates steady, raises inflation outlook over 'uncertain' Iran war impact