Fed leaves rates unchanged, says geopolitical uncertainty clouds outlook

Fed leaves rates unchanged, says geopolitical uncertainty clouds outlook

The Federal Open Market Committee held interest rates steady, citing several macroeconomic headwinds and geopolitical uncertainty from the Iran war.

The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors macroeconomic impacts from the ongoing war in the… [+2311 chars]