The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold even as federal debt pressures mount.
The president once again criticized the "numbskull" Federal Reserve chair's lack of urgency to lower borrowing costs as the central bank's June decision draws near.
Speculation around US involvement puts FX, equities under pressure.
We know where the Supreme Leader is, says President.
Economists warn a move to lower borrowing costs risks higher inflation fears, which would ultimately boost debt payments in the long run.
Hopes of an early end to conflict have faded.
The most bearish case laid out by the Canadian financial giant's analysts includes a "severe" inflation spike to 4%, zero earnings growth, and just two rate cuts by the Federal Reserve.
Middle East tensions have sparked interest in options bets.
Fed will announce its latest decision Wednesday.
Traders are betting it has, despite geopolitical fears.
President Trump called Fed Chair Jerome Powell a "numbskull," creating more interest ahead of the next interest rate decision.
Oil up 13%, gold gains, equities fall as investors weigh intensified tension.
Risk-off sentiment driven by potential for things to get worse.
Tech titan knows it needs to stay relevant in the AI race.
Stock was down 5% Wednesday as details of the disaster emerged.
First back-to-back loss for S&P 500 closes in.
Gene Sperling says US-China deal is not likely to be quick.
But does he see a bubble in asset prices?
Private capital, crypto and collectibles dominate SFO outlook.
May data suggest consumers have yet to feel the pinch from President Donald Trump's tariffs, raising the odds of a Federal Reserve rate cut.
