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Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.
The FOMC held rates steady at the conclusion of its meeting Wednesday and offered no hints regarding a September move.
Investors braced for the Federal Reserve's next interest rate decision and earnings from tech giants Microsoft and Meta.
The Fed remains caught between its two mandates - maximum employment and stable prices. A slowing economy and job market in recent weeks has strengthened the case for rate cuts. But Trump’s tariffs ...
The US central bank had slashed its benchmark rate by a full percentage point in 2024 but kept the policy rate on hold this ...