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Chairman Jerome Powell is now holding a press conference after the Fed's FOMC decided to keep rates unchanged.
The Federal Open Market Committee now sees inflation staying elevated longer than previously estimated, while the economy is expected to grow more slow ...
Inflation is likely to rise sharply through the rest of the year, the Federal Reserve's latest forecast indicates, due to the aftereffects of U.S. trade wars. But not for long. The bank upped its ...
SP500 settled near the 6000 level after the release of Fed decision. NASDAQ moved away from session highs as traders focused ...
The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation coming in the next few months as a result of higher tariffs.