Fed Holds Rates Steady, No Cuts Expected Until 2027; Trump Iran Remarks Rattle Markets
By
Ty Roush
1h ago· 3 min readenNews
Summary
The Federal Reserve's FOMC unanimously voted to hold interest rates between 3.5% and 3.75%, with minutes indicating no rate cuts expected until Q2 2027. The article also covers President Trump's remarks about ending an interim peace deal with Iran and threatening further strikes, which briefly pushed Brent Crude above $80 and caused the Dow to drop about 570 points. Fed Chair Kevin Warsh commented on welcoming a "good family fight" over interest rate policy.
Source
bskyFed Holds Rates Steady, No Cuts Expected Until 2027; Trump Iran Remarks Rattle Marketsforbes.comKey quotes
· 3 pulledFed Likely Won't Cut Interest Rates This Year, Minutes Show
President Donald Trump on Wednesday said an interim peace deal with Iran was 'over' and the U.S. would 'probably' hit the country with strikes again overnight
Fed Chair Kevin Warsh said he welcomed a 'good family fight' over interest rate policy
Fed Chair Kevin Warsh said he welcomed a “good family fight” over interest rate policy.
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