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Fed leaves interest rates unchanged as it warns on growth, inflation

The Federal Reserve did not change interest rates as it warned of economic growth this year and easing higher inflation. Maintaining interest rates in the target range of 4.3%, central bankers forecast two cuts this year on Wednesday. The Federal Open Market Committee signaled its sticking to an “appearing wait” approach, saying it “has increased […]

Fed Meeting Live Updates: FOMC Keeps Interest Rates Steady – The New York Times

The Federal Reserve did not change for its second meeting on Wednesday as officials stuck to previous forecasts. Two more cuts This year, despite mandating higher inflation and slower growth. The central bank's decision to hold interest rates in the range of 4.25% to 4.5% has extended its first suspension since January after a series […]

Federal Reserve leaves interest rates unchanged

Powell will make his remarks after the Fed has made its first interest rate decision since the start of the trade war. The Federal Reserve announced on Wednesday that it would change benchmark interest rates as policymakers continue to assess uncertainty about inflation and economic conditions in light of federal policy changes. As per the […]

BoJ holds interest rate at 0.50% as expected – FXStreet

The Bank of Japan (BOJ) announced on Wednesday that it had maintained its short-term interest rate targets in the range of 0.40%-0.50% after completing its two-day monetary policy review meeting. This decision coincided with market expectations. Japan's central bank was on a putt after raising its interest rate hike of 25 basis points (BPS) to […]

Bitcoin’s recent $12B open interest wipeout was essential, says analyst – TradingView

According to analysts at Crypto, Bitcoin's nearly $12 billion open interest shakeout earlier this month may just be the catalyst needed to help assets regain their upward momentum. “This can be seen as a natural market reset. This is an essential stage for maintaining bullish continuity,” Cryptoquant contributor DarkFost said in a market report on […]

‘Person of interest’ Joshua Riibe gives DR cops an ultimatum as they question him again in Sudiksha Konanki’s disappearance

The “interested person” in the disappearance of Sudiksha Conanki, a student at the University of Pittsburgh, says the Dominican Republic must return him home. Joshua Libe, 22-year-old Iowan, is “detained” and repeatedly burned by Caribbean authorities on a missing co-education, and cannot be detained without being charged, his lawyer, Beatrice Santana, said in a motion […]