Fed holds rates steady as it notes rising uncertainty and stagflation risk

Asian shares trade higher after Wall Street climbs moderately as Fed holds rates steady

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected.

Europe Market Open: Fed maintained rates and noted risks to both sides of the mandate have risen - Europe Market Open

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Debate over the state budget continues; Fed leaves interest rates where they are

Political Connections airs each night at 7 p.m. on Spectrum News.

The US Federal Reserve maintained its interest rates on Wednesday and noted that there are higher risks that inflation and unemployment will escape its objectives, in an apparent reference to the tariffs of President Donald Trump. US central bank leaders unanimously voted to maintain the reference rate between 4.25% and 4.50%, the Fed said in a statement. “Uncertainty about economic prospects increased again,” added the agency, which considers t…

The US Federal Reserve keeps interest rates unchanged. Therefore, the Fed meeting was primarily about Donald Trump. US President Jerome Powell maneuvered out the head of the central bank.

Powell warns sustained tariffs could increase inflation and unemployment

The Federal Reserve has maintained interest rates between 4.25% and 4.5%, resisting President Trump's pressure to lower them amid his aggressive trade policies.