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The economic pain many Americans feel after years of stagnant wages and steep inflation is unlikely to lift before the November elections, and could be a major liability for Republicans, according to political and economic experts.
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US and Iran trade missile barrages as hopes dim for a quick resolution to the five-month conflict AP NewsAmerican forces hit ‘dozens' of Iranian targets following attempted attack on US troops Fox NewsIran war live: US strikes Iran again as war widens with attack on Egypt port ReutersU.S. hits dozens more targets in Iran as violence widens The Washington PostThe U.S. retaliates against a 'surprise attack' by Iran in Jo
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Policymakers at the Federal Reserve are meeting to discuss interest rates Wednesday. They're expected to hold rates steady, but there's a chance they could raise rates to combat stubborn inflation.
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Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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