US interest rates held for fifth time in a row

The Federal Reserve's decision, which was broadly expected, means rates remain between the 3.5% and 3.75%.

Asian Stocks to Fall as Fed Keeps Rates on Hold: Markets Wrap

Asian stocks were set to track Wall Street lower after renewed concerns over artificial intelligence spending and uncertainty over the Federal Reserve’s policy outlook sent longer-dated Treasury yields to their highest levels in almost two decades.

By Toby Alder

Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision

The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.

By Joe Rennison

FirstFT: US borrowing costs hit 19-year high after Fed holds rates steady

Also in today’s newsletter: Mark Zuckerberg says US should not ban Chinese AI and SK Hynix profits disappoint

Fed holds interest rates steady despite Trump’s renewed calls to lower them

Rates remain unchanged for fifth time since December as tenuous Iran peace deal pushes energy prices up again The US Federal Reserve held interest rates steady on Wednesday, leaving rates unchanged for the fifth time since December despite Donald Trump’s renewed calls to lower rates. Cooler inflation data published earlier this month eased expectations for an imminent rate hike. But the tenuous peace deal between the US and Iran have made energy prices creep up again, strengthening the case f...

By Gaya Gupta

US Fed holds interest rates steady citing ‘elevated’ inflation

Elevated inflation partly reflects supply shocks that have increased prices, including of energy, the Fed said.

Stocks making the biggest moves after hours: Microsoft, Meta, Starbucks, Carvana and more

These are the stocks posting the largest moves in extended trading.

US Federal Reserve holds interest rates steady despite Warsh’s inflation vow

The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how US central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2 per cent target. The widely ‌expected decision to leave the benchmark interest rate in the 3.50 per cent to 3.75 per cent range drew dissents from three of the 12 members of the policy-setting Federal Open Market Committee who “preferred” a quarter-percentage-point hike at this...

By Reuters

Bond market is calling Warsh’s bluff on inflation fight as yields surge

The yield on the 30-year Treasury bond touched its highest level since 2007 during Warsh’s press conference.

By Greg Robb

Dow Posts Its Worst Day Of The Year After Federal Reserve Maintains Interest Rates

Kevin Warsh, who began his role as chairman of the Federal Reserve in May, said Wednesday officials have “no tolerance for persistently elevated inflation.”

By Antonio Pequeño IV, Forbes Staff

Market moves and 'a good family fight:' top takeaways from the July Fed meeting

The Fed held rates steady at new Chair Kevin Warsh's second meeting. Tom Williams/CQ-Roll Call, Inc via Getty Images The Federal Open Market Committee opted to hold rates steady in July. Chair Kevin Warsh is developing his signature communication style — and going hard on inflation. Three FOMC members hoped for a rate hike. Kevin Warsh is living up to his hawkish reputation. The Federal Open Market Committee opted to hold rates steady at its July meeting, the second with former Wall Street ...

BofA says Fed hike today would be one for the books

US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchanged.

By TOI BUSINESS DESK

Fed holds interest rates steady amid dissenting voices on inflation concerns; Key details here

Federal Reserve officials decided to keep interest rates unchanged, but a fractured vote reveals rising concerns about inflation.

Hyperscaler debt binge pushes yields up as investor demand cools

Market to Fed: Act on inflation or we will. US30Y surge to 19-year high

Watch Live: Fed Chair Warsh Explains 'Hawkish' Hold

Watch Live: Fed Chair Warsh Explains 'Hawkish' Hold Having delivered the biggest "non-cut" surprise to markets in decades - by holding rates unchanged (markets were pricing a 35% chance of a hike) - and given Warsh’s distaste for forward guidance, he is unlikely to offer any clearer signals during the press conference. Bear in mind that since 2015, traders have foreseen the Fed’s ultimate rate decision with an average error of 2.4 basis points the day before the central bank’s a...

By Tyler Durden

Fed holds rates steady as inflation fight remains in focus

The U.S. Federal Reserve left interest rates unchanged on Wednesday, keeping borrowing costs steady while putting renewed focus on Chair Kevin Warsh's pledge to bring inflatio...

TD Warns Dollar Set to Drop as Market Misprices Fed Rate Risk

The US dollar will weaken if the Federal Reserve leaves interest rates unchanged this week, according to TD Securities.

By Anya Andrianova

Fed Holds Rates after “Good Family Fight” with 3 Dissenters, after Enormous Uncertainty in the Markets

Markets were left to their own devices for the first time in a generation after Warsh scuttled forward guidance as part of his Regime Change.

By Wolf Richter