WASHINGTON - The US Federal Reserve on Wednesday kept the target range for the federal funds rate unchanged at 3.5-3.75 percent.

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…

Fed holds rates steady at 4%. Fed pause in next three meetings at 99.9% YES.