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Last Updated: June 18, 2025 at 9:35 a.m. ET First Published: June 17, 2025 at 1:01 p.m. ET ...

U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are.

NEW YORK (AP) — U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where ...

That's why Wall Street forecasters overwhelmingly expect the U.S. central bank to leave its benchmark interest rate unchanged when the Fed announces its latest policy statement today at 2 p.m. EST.

How we got here The CPI measure of inflation hit a 40-year high of 8% in 2022, after the U.S. government and the Fed injected trillions of dollars into the economy in 2020 and 2021 to insulate it ...