The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The dollar strengthened ahead of the Fed meeting, as the central bank is expected to keep a hawkish tone amid uncertainty about the impact of Trump policies on inflation and how the Fed will react.
US benchmark equity indexes were lower intraday as markets awaited the Federal Reserve's latest monetary policy decision and financial results from three mega-caps. The Nasdaq Composite was down 0.7% ...