Fed holds interest rates as new Iran tensions raise inflation risks
The Federal Reserve held interest rates steady for a fifth straight time Wednesday amid mounting pressure on the bank to stay ahead of another war-driven energy price shock. In a…
Watch: Warsh gives remarks as Fed holds interest rates steady
Federal Reserve Chair Kevin Warsh gave remarks Wednesday afternoon after the nation’s central bank decided to hold interest rates steady for the fifth time amid uncertainty around energy prices as…
U.S. Fed holds interest rate despite some dissents as inflation persists
The U.S. Federal Reserve left its key interest rate unchanged Wednesday, although three officials dissented in favor of higher rates as the central bank wrestles with how to deal with…