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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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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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Traders expect buoyant American economy to keep Fed from cutting rates despite oil price fall
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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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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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Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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