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Live updates: Interest rates steady, Federal Reserve forecasts one rate cut in 2026 Yahoo FinanceHere's what changed in the new Fed statement CNBCLive Updates: Federal Reserve Leaves Interest Rates Unchanged The New York TimesUS Fed
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All of the positive economic talk out of this week's Federal Reserve meeting had a negative impact on investors
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Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth.
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The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.
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Sixteen states on Monday filed a federal lawsuit challenging President Trump's national-emergency declaration to pay for a wall along the U.S.-Mexico border, setting up a showdown with the administration that could go to the Supreme Court and last through the 2020 election.
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