WEATHER ALERT
Fed keeps key rate unchanged as Powell vows to stay until DOJ investigation is finished
Read full article: Fed keeps key rate unchanged as Powell vows to stay until DOJ investigation is finishedThe Federal Reserve kept its key interest rate unchanged Wednesday and Chair Jerome Powell highlighted the increasingly uncertain outlook for the U.S. economy and inflation in the wake of the Iran war, suggesting the Fed could stand pat for an extended period.
How many rate cuts? Iran war upends Federal Reserve's next steps
Read full article: How many rate cuts? Iran war upends Federal Reserve's next stepsThe Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases.