FOMC Holds Rates Steady in 10-2 Decision
The Federal Reserve kept its benchmark interest rate within the current 3.75%-4… range on a 10-2 vote and said it would reduce its policy-meeting schedule starting next year.
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The Federal Reserve kept its benchmark interest rate within the current 3.75%-4… range on a 10-2 vote and said it would reduce its policy-meeting schedule starting next year.
The Federal Reserve held its policy rate steady Wednesday.
Treasury yields briefly extended their move higher after the Fed held rates steady, as expected. The body says the decision was 10-2.
The Federal Reserve kept its benchmark rate at 3.75%-4% on Wednesday, with a 10-2 vote. It said inflation remains elevated.
The Federal Reserve left interest rates unchanged on Wednesday, with the decision passing 10-2. The Fed is awaiting further inflation data and delaying changes to borrowing costs until after next week's US midterm elections.
The Fed kept its benchmark rate at 3.75%-4%, saying inflation remains elevated. The decision was 10-2.
The US Dollar Index remained little changed at 102.3 on Wednesday after the Federal Reserve kept interest rates unchanged, reaffirming its commitment to bringing inflation under control. However, policymakers offered no clear indication that another rate hike could be on the table at their next meeting in December. The
ServisFirst Bancshares reported third-quarter net income of $87.3 million, or $0.80 per diluted share. Loans topped $14.7 billion, up at a 10% annualized rate, while net interest margin was 3.63%.
BlackRock reported third-quarter 2026 revenue of $7.8 billion, up 19% year over year, and $205 billion in net inflows. Adjusted operating margin reached 47.8%, up 320 basis points year over year.
Fitch says U.S. and European high-yield credit continues to benefit from solid investor demand, with lenders and investors competing to finance leveraged issuers. The firm said spreads remain below the 20-year average, supporting risk-adjusted returns.
Glassnode says 86% of bitcoin moved onto exchanges on Sunday came from short-term holders, the highest share in more than a year. The analysis says continued profit-taking could create supply pressure near $85,000.
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EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
Spanish Mountain Gold announced a Preliminary Economic Assessment Update for its B.C. gold project, envisioning a 25.8-year mine life producing 3.33 million ounces of gold. The company also received confirmation to resume its environmental assessment and permitting process.
The yen edged higher after last week's sharp drop spurred speculation of intervention, while investors assessed interest-rate outlooks following central bank hikes. Authorities are reportedly conducting rate checks, a precursor to potential intervention.
BOJ votes 7-2 to hike by 25bps; Governor Ueda to brief media at 0630 GMT Dollar stabilises as Fed narrowly seen hiking next month Sterling level after BoE holds rates, pauses gilt sales (Adds BOJ decision, updates markets) By Gregor Stuart Hunter SINGAPORE, Sept 18 (Reuters) — The yen sank against its major peers in As
The Federal Reserve lifted its benchmark interest rate to a 3.75% to 4% range in a unanimous vote on Wednesday, marking the first hike since July 2023. The move implies higher borrowing costs while boosting yields on cash and short-term fixed-income holdings.
On Thursday, Immunovant (NASDAQ: IMVT ) discussed first-quarter financial results during its earnings call. The full transcript is provided below. This transcript is brought to you APIs. For real-time access to our entire catalog, please visit for a consultation. View the webcast at Summary Immunovant reported a quiet
Citadel Securities warns that second-round effects will force a September rate hike despite the June pause