Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.

As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" mode.

Bill Ackman’s Pershing Square holds 2% of Fannie Mae’s equity and has a plan for privatizing the GSEs that is well-calibrated to our current political moment. In Ackman’s “The Art of the Deal” presentation from earlier this year, Obama and Biden are the villains, stealing the GSEs and their profits, while Trump is the hero who can save them.

NEW YORK (Reuters) -Key U.S. economic data, developments with federal tax-and-spending legislation and twists and turns on trade all are poised to influence equities in the coming week, with the U.S. market closing in on record highs.

The US Fed FOMC meeting minutes for May is out, underscoring the focus on a “cautious approach” regarding handling of the economy amid President Donald Trump’s tariff uncertainty. While the market has adjusted to the realities around a no interest rate cut, the behind-the-scenes conversation is also fueling new stock and crypto market reactions.

The Federal Reserve on Wednesday warned of an increased ... The Dow was up 250 points, or 0.6%, before the Fed announcement at 2 p.m. and managed to hold on to most of the gains by the closing ...

WASHINGTON — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs, and said that the risks of higher ...

The Federal Reserve announced that it is leaving a key interest rate unchanged amid uncertainty over inflation and the labor market amid trade turmoil due to tariffs.

Longer-term Treasury yields have climbed, keeping borrowing costs elevated, even as short-term yields have dropped.