Sam Dickie: Fisher Funds expert on the US Federal Reserve raising inflation outlook over 'uncertain' Iran war impact

The US Federal Reserve has raised its inflation forecast as it held interest rates steady, citing an 'uncertain' economic outlook because of the war in Iran.

Rates were kept steady at a range of 3.50 percent to 3.75 percent, with officials flagging one expected cut by the end of the year.

Fisher Funds expert Sam Dickie explained further.

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