Federal Reserve Holds Rates, Trump Proposes Dulles Overhaul, Japan Earthquake Toll Rises

Why it matters locally: While the Federal Reserve's decision to hold rates has national implications, the proposed Dulles Airport overhaul could indirectly impact air travel options for some Pennsylvanians, particularly those traveling to or from the Washington D.C. area.

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WASHINGTON – The Federal Reserve maintained its current interest rates, according to an announcement Wednesday. Three Federal Reserve officials, however, voted to increase rates. Concerns regarding ongoing inflation and rising energy prices contributed to these differing opinions. Separately, President Trump unveiled a $22 billion proposal for the renovation of Washington Dulles International Airport. The proposal outlines a significant overhaul for the regional transportation hub. In international news, officials in Japan reported that the death toll from a recent earthquake has climbed to 18.