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Interest rates didn't change, but the language in Fed's policy statement, which it released alongside its rate decision today, certainly did.
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Businesses looking for any relief from the cost of debt were left wanting more Wednesday.
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After a Day of Harmony, a Mercurial Trump Upends Leaders' Summit The New York TimesLive Updates: Trump Hails U.S.-Iran Deal at G7 Summit as U.S. Shares Details of Agreement The New York TimesTakeaways from the G7: Trump's new attitude toward allies buoyed by their praise for Iran deal 10TVG-7 ends without rupture as allies praise Trump for ending Iran war The Washington Post
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Federal Reserve holds interest rates steady as Trump's new chairman faces fresh inflation woes NBC NewsFed leaves interest rates unchanged but signals higher rates are ahead CNNHere are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBC
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Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
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Struggling JetBlue shuts down key Newark, LaGuardia operations as New York airport costs soar New York PostJetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale CNBCJetBlue to connect Florida and California with premium Mint flights The Palm Beach Post
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Officials at the Federal Reserve were split between no cuts this year and one or more rate increases as they braced for higher inflation, according to a new set of projections.
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Clearlake Capital Group has closed its eighth flagship fund alongside co-investment vehicles and separately managed accounts, raising a combined total $14.8bn. The capital will be focused in pursuit of the trends Clearlake believes are fundamentally reshaping industries, including AI, software modernisation, digital transformation and operational efficiency. The fundraise attracted nearly 300 investors from across six […]
The post Clearlake closes eighth flagship fund on $14.8bn appeared first on AltAssets Private Equity News.
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Fed Meeting Today: Interest Rates Hold Steady; Kevin Warsh to Speak Soon — Live Updates WSJDow closes 500 points lower as Warsh's first Fed meeting sets off surge in bond yields: Live updates CNBCFed 'dot plot': Almost half of FOMC members project at least one interest rate hike this year Yahoo FinanceDow Drops 500 Points, S&P 500 Falls 1% After Fed Meeting Ends Barron's
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Georgia Republicans backtrack on redistricting plans NBC NewsGeorgia Republican legislative leaders reject governor's call for 2028 redistricting CNNGeorgia Republicans decline to redraw congressional map after voting rights decision The GuardianDems warn "fight is not over" after Georgia redistricting win AxiosIn Georgia's Capitol, Republicans' redistricting session to begin without maps
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S&P 500 futures are little changed as oil ticks higher, traders await Fed rate decision: Live updates CNBCStock market today: Dow rises, S&P 500 and Nasdaq drift ahead of Warsh's first Fed meeting as chair Yahoo FinanceS&P 500, Nasdaq futures rise ahead of Fed rate decision qz.comMarkets News Today: Stocks Set to Open Slightly Higher Ahead of Fed Decision; SpaceX Continues Post-IPO Climb Investopedia
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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