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Here’s what changed in the new Fed statement

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting that concluded May 1.Text removed from the prior statement is in red with a horizontal...
Fed holds rates steady, indicates only one cut coming this year

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before the end of the year.With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers following their two-day...