Markets steady as investors await Fed rate decision
Ahead of the Federal Reserve’s 2 p.m. ET policy decision, markets are largely calm as investors look for the first interest-rate rise since 2023; coverage notes potential tensions between Chairman Kevin Warsh and President Trump.
The Federal Reserve is widely expected to deliver its first interest-rate increase since 2023 this afternoon, a move that could spark tensions between Chairman Kevin Warsh and President Trump. m. ET policy decision.