NEW YORK — The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA, hitting the wallets of drivers after rising 50% since the war with Iran began. The main reason drivers are paying more at the pump is … Read more
Shares were mixed in Asia on Monday after U.S. stocks set more records, powered by strong profits for major companies. Oil prices held steady after U.S. President Donald Trump said the U.S. would help ships leave the Strait of Hormuz, starting on Monday. Iran has rejected the plan, but Trump also said talks with Iran … Read more
For its third consecutive meeting, the Federal Reserve left its benchmark interest rate unchanged. CBS News MoneyWatch correspondent Kelly O’Grady reports. Source link
Federal Reserve holds interest rates steady as Chair Powell’s term nears end – CBS News Watch CBS News The Federal Reserve held its benchmark interest rate steady on Wednesday as the U.S. economy continues to grapple with rising inflation. CBS News MoneyWatch correspondent Kelly O’Grady has more. Source link
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The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s third consecutive pause in 2026. The decision comes as the U.S. economy grapples with rising inflation due to the Iran war and fitful job growth. The Fed maintained the federal funds rate — what banks charge each other for short-term loans — in … Read more
The Federal Reserve is expected to keep interest rates steady Wednesday, at what is likely to be Chair Jerome Powell’s last policy meeting as the leader of the world’s most influential central bank. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Last week, a clear path opened up … Read more
Federal Reserve announces it will hold interest rates steady – CBS News Watch CBS News The Federal Reserve announced Wednesday it would hold interest rates steady at 3.5% to 3.75%. CBS News’ Kelly O’Grady reports. Source link
The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s second consecutive pause in 2026. The Fed maintained the federal funds rate — what banks charge each other for short-term loans — in its current range of 3.5% to 3.75%. The decision to keep rates steady was widely expected by … Read more
Steady (but low) inflation could be causing gold investors to reconsider their approach now. Andriy Onufriyenko/Getty Images An eagerly awaited inflation report released Wednesday may not have revealed the result investors were hoping for. Inflation in February remained identical to what it was in January, with the rate staying put at 2.4%. While that’s still … Read more