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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
55% Center coverage: 150 sources

Medicaid · United StatesAbout 7.6 million Americans could lose their health insurance if the “One Big Beautiful Bill Act” passed by the U.S. House of Representatives becomes law, a new study says.
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Millions Stand to Lose Health Coverage Under Proposed Medicaid Cuts, Study Says
50% Center coverage: 30 sources

Europe · United StatesBy Auzinea Bacon, CNN (CNN) — The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran. High oil and gas prices are a near certainty, experts say. The big question now: How long will the fossil fuels price spike last? Oil prices are expected to rise by about $5 per barrel when markets open Sunday night, according to experts. “We are looking at $80 oil on…See the Story
America’s Economy Faces a New War Shock: Surging Oil Prices
87% Center coverage: 23 sources
Fed Keeps Rates Unchanged as Trump Insults Powell Again
42% Left coverage: 12 sources