Fed Holds Rates Steady, but More Officials See Higher Rates as Next Move

Futures markets overwhelmingly expect the Fed to hold interest rates steady.

Trump signaled he would allow his new Federal Reserve chair “do what he wants to do.”

Investors had expected a pause as the U.S. continues to grapple with too-high inflation and higher energy costs stemming from the Iran war.

14:00 EDT Federal Reserve under Warsh keeps rates unchangedClaim 55% Off TipRanks Unlock powerful investing tools and data-driven insights with...

All eyes are on Federal Reserve Chair Kevin Warsh as he delivers his first major press conference amid rising inflation and growing pressure over interest rates. Investors,…