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Federal Reserve · United StatesThe Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a range between 4.25%-4.5%, where it has been since December.See the Story
Fed holds key rate steady, still sees two more cuts this year
54% Center coverage: 147 sources
UK inflation hits 3.4% in May, meeting expectations
43% Center coverage: 33 sources
China downplayed nuclear-capable missile test: classified NZ govt papers
40% Center coverage: 25 sources
Japan issues multiple heat alerts amid soaring temperatures
Coverage: 23 sources
Spain Rejects NATO’s Anticipated 5% Defense Spending Proposal as 'Unreasonable'
50% Left coverage: 60 sources