Economy

Fed Chair Powell Live: Iran War To Increase Inflation Short Term

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Fed Still Expects to Cut Rates Once This Year Despite Spiking Oil Prices

The central bank's so-called dot plot showed a median estimate of 3.4% for the federal funds rate, the same as at the end of last year.

Wall Street is betting on Ukraine's drone technology

March 18, 2026 / 2:19 PM EDT / CBS News

By waiving the Jones Act, Trump admits protectionism hurts Americans

With oil prices spiking due to the Iranian regime’s closing of the Strait of Hormuz, President Donald Trump has waived restrictions on foreign vessels that transport commodities between U.S. ports for the next 60 days.

Stagflation risk is rising by the day. Bank of America says these stocks can weather it

These companies could get through a period of low growth and rising inflation.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in January.

Fed Holds Interest Rates Steady

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's March interest rate decision may affect your finances.

Fed votes to hold rates steady, notes 'uncertain' impacts from Iran war

The Federal Reserve on Wednesday released its decision in interest rates.

Amazon says U.S. Postal Service 'walked away at the eleventh hour' in negotiations

Amazon said it was working toward a new agreement with the U.S. Postal Service to increase volumes before talks fell apart.

Gold's price is down 13% since January. Here's why you should get invested now.

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Fed Meeting Recap: Powell Says Inflation Isn't Coming Down as Much as 'Hoped'

The Federal Reserve kept its key interest rate at the target range of 3.5% to 3.75%.

Bitcoin needs to reclaim $75,000 to herald a risk-on recovery, charts show

The two prior times when the bitcoin-to-S&P-500 relative line made a key low, it also marked major lows for the SPX — March 2020 and Oct. 2022.