The Latest Breaking News from US Federal Reserve

Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September

The ASX200 has hit a new high in intraday trading and finished just under its all-time closing record amid optimism the RBA will cut rates at its next meeting.

As widely expected, the Federal Open Market Committee took a 'wait-and-see' approach toward borrowing costs.

The dollar index (DXY00 ) Wednesday rose by +0.10%. The dollar posted moderate gains Wednesday after the Fed kept interest rates unchanged and removed the reference in the post-FOMC meeting statement to inflation making progress, suggesting the Fed may remain on pause for longer. The dollar also found support in...

The Fed delivered on investor expectations and paused rate cuts for the first time in three meetings.

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue

Fed chair declines to provide ‘any response or comment whatsoever’ on president’s public demands for lower rates

Fed Chairman Jerson Powell said the key lending rate will remain between 4.25 and 4.50 percent.

London’s top index finished 23.94 points higher to end the day at 8,557.81.