Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East.
Federal Reserve officials left interest rates unchanged and continued to expect one rate cut this year as they acknowledged increased uncertainty due to war in the Middle East.
Federal Reserve Chair Jerome Powell during a news conference following a Federal Open Market Committee meeting in Washington on Wednesday, March 18, 2026. Photographer: Kent Nishimura/Bloomberg