Reported 1 day ago
The Federal Reserve decided to maintain interest rates in the range of 4.25%-4.5%, predicting two rate cuts later this year despite concerns over rising inflation and sluggish economic growth. While the S&P 500 and Nasdaq indices showed slight gains, geopolitical tensions between Israel and Iran continue to create uncertainty in the markets, with investors wary of potential negative impacts from upcoming tariff announcements and weak housing data.
Source: YAHOO