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Fed. Reserve holds interest rates steady for second straight meeting
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Federal Reserve Chair Jerome Powell announced on Wednesday that interest rates will remain unchanged for the second consecutive meeting, as the central bank weighs the risks of the ongoing conflict in Iran. Following a series of three rate cuts in late 2025, the Fed maintained its benchmark range of 3.5%–3.75%.
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Federal Reserve Chair Jerome Powell announced on Wednesday that interest rates will remain unchanged for the second consecutive meeting, as the central bank weighs the risks of the ongoing conflict in Iran. Following a series of three rate cuts in late 2025, the Fed maintained its benchmark range of 3.5%–3.75%.
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