Federal Reserve holds interest rates steady, citing economic uncertainty
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
18 марта 2026 года
Fed officials are grappling with a host of economic challenges, from stubborn inflation to a slowing job market.
A long-duration heat wave is taking shape over the western half of the U.S. and forecast to stick around in the days ahead.
President Donald Trump is present as the remains of six U.S. service members return from the Middle East to Dover Air Force Base in Delaware. The crew members of an Air Force refueling aircraft were killed last week when the plane crashed over friendly territory in western Iraq while supporting operations against Iran. They were from Alabama, Indiana, Kentucky, Ohio and Washington state. Wednesday's visit will be the second time this month the Republican president has participated in the dignified transfer of service members.
The Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News' Kelly O'Grady reports.
Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on growth, but they still expect to cut their key rate once in 2026. For now, Fed policymakers left short-term interest rates unchanged Wednesday for the second straight meeting at about 3.6%. Still, by keeping their forecast for a rate cut this year and next — the same projections that they made in December — central bank policymakers appear to expect the gas price spike from the Iran war to... Читать дальше...
The Federal Reserve voted to hold the overnight borrowing rate steady Wednesday, which analysts had widely expected. Mortgage rates increased in the lead up to today's Fed meeting, as markets prepared for rising inflation fueled by spiking oil prices. When oil costs rise, it becomes more expensive to produce and ship goods, pushing up inflation....
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Nigeria’s army says it fought off an overnight militant assault on a base in the country’s northeast and killed at least 60 attackers. The army says the attack happened on Wednesday in Mallam Fatori in Borno state, near the border. A spokesperson says troops expected the raid and responded with ground fire and air support. The military blames suspected Boko Haram fighters or their Islamic State-linked offshoot. The claim is not independently verified. The clash follows recent suicide bombings in Maiduguri that killed at least 23 people. Читать дальше...
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