The Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' updated projections now show fewer rate cuts expected next year, reflecting a hawkish shift. Markets reacted cautiously, with equities dipping and Treasury yields rising as investors anticipate prolonged higher rates.

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

The Federal Reserve held interest rates steady at 3.5%-3.75% in Kevin Warsh's first meeting, with policymakers signaling potential rate hikes to combat surging inflation. Despite…

Projections show a rate hike in 2026, with nine officials seeing one

US stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later this year. New Fed Chair Kevin Warsh…

The Federal Reserve maintained interest rates but signaled a potential hike later this year due to inflation concerns. New projections show nine officials anticipate a rate…

The Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' updated projections now show fewer rate cuts…