The Federal Reserve maintained its benchmark interest rate on Wednesday, keeping borrowing costs at their highest level in more than two decades despite a prolonged cooldown of inflation. An interest rate cut is widely expected in the coming months. The Fed issued its latest interest rate decision after a months-long stretch of data has established the key conditions for a rate cut: falling inflation and slowing job gains.
See you in September. That pretty much sums up the sentiment of the Federal Reserve, which once again voted to hold interest rates steady, as most experts expected. But the Federal Open Market Committee’s statement following today’s meeting will likely raise hopes of a rate cut in September.
The stock market’s rally mostly held steady after the Federal Reserve’s policy committee kept interest rates steady at its July meeting. The Federal Open Market Committee said Wednesday it maintained the target range for the federal-funds rate at 5.25% to 5.50%, which was widely expected by traders. The Dow Jones Industrial Average was up 230 points, or 0.6%. The S&P 500 was up 1.5%. The Nasdaq Composite was up 2.3%. All three indexes were rallying in the hours leading up to the decision.
CNNCIA says it has evidence Iran’s nuclear program was ‘severely damaged’ as assessments of US strikes’ impact continue
New York PostFeds hunt leaker of initial intel assessment on Iran strikes— as CIA says Tehran nuke program set back ‘years’
ReutersCIA says intelligence indicates Iran's nuclear program severely damaged
NBC PhiladelphiaCIA says Iran’s nuclear program ‘severely damaged’ by U.S. strikes
ForbesIran’s Supreme Leader Claims U.S. Bombings Didn’t Achieve Much (Live)
New York TimesIn New Assessment, C.I.A. Chief Says U.S. Strikes ‘Severely Damaged’ Iranian Program
JNS.orgCIA: Intel indicates Iran’s nuclear program ‘severely damaged’
PoliticoTrump’s spy chiefs say new intel shows Iran’s nuclear facilities were destroyed
CBS NewsIntel leaders say new intelligence shows Iran’s nuclear sites could take “years” to rebuild
PoliticoTrump weighs in on Mamdani’s win: ‘a 100% Communist Lunatic’
The Daily WireTrump Labels NYC’s Mamdani A ‘100% Communist Lunatic’
The HillTrump weighs in on Mamdani’s apparent win in NYC mayoral primary
The New RepublicMAGA Enters Racist Meltdown Mode Over Zohran Mamdani’s New York Win
MintDonald Trump rages over New York City Democratic mayoral frontrunner Zohran Mamdani: '100% Communist Lunatic..., looks T
Financial TimesDonald Trump brands Zohran Mamdani ‘100% Communist Lunatic’
Staten Island LiveTrump’s blistering, 3-word insult to Mamdani after shock NYC mayoral primary upset
Washington ExaminerDemocrats ‘crossed the line’ after Mamdani wins NYC primary: Trump
Fox NewsTrump torches ’100% Communist Lunatic’ Mamdani, Dem backers after shock NYC mayoral primary win
The GuardianTrump slams Zohran Mamdani as Republicans go on attack after New York mayoral primary – live
New York PostTrump blasts Zohran Mamdani as a ‘100% Communist Lunatic’ in scathing NYC mayoral rant: ‘Democrats have crossed the line’
NewsweekTrump rips Zohran Mamdani after NYC primary triumph: "Communist Lunatic"
Latin TimesMAGA Rages Over 'Anarchist-Socialist' Candidate Winning Democratic NYC Mayor Nominee: 'Truly Makes Me Sick'
TownhallTrump Eviscerates Socialist NYC Mayoral Candidate, Offers Some Hilarious Advice for Democrats
Yahoo!Trump Blasts Zohran Mamdani as ‘Communist Lunatic’ After NYC Mayoral Victory: ‘Getting a Little Ridiculous’
New York MagazineHow Zohran Mamdani Turned Youth and Inexperience Into Assets
The Daily CallerDemocrats Are Sleepwalking Into Their Own Trump Moment
The HillMamdani stuns Cuomo: 5 takeaways from the NYC mayoral primary
The LeverZohran Mamdani’s Mandate Is A Democratic Earthquake
BreitbartDem Rep. Warns Socialist Zohran Mamdani Is ‘Too Extreme to Lead’ NYC
The Daily WireSocialist Hero Zohran Mamdani Owes His Victory To Rich New Yorkers, Not The Working Class
Washington ExaminerCuomo concedes New York City mayoral primary to Mamdani
New York PostWill Andrew Cuomo still run as an independent for NYC mayor in November?
The CityHow Your Neighborhood Voted in the NYC Mayoral Election
Jewish InsiderMamdani triumphs over Cuomo, upending Democratic politics
USA TodayRecap: Zohran Mamdani pulls off NYC Democratic mayoral upset. Andrew Cuomo concedes
NBC New YorkWho is Zohran Mamdani, the young democratic socialist who beat Andrew Cuomo?
AxiosWhy the NYC mayoral election may be a five-way race in November
The Guardian‘On to victory’: supporters overjoyed as Zohran Mamdani defeats Andrew Cuomo in New York primary
New York MagazineInside Mamdani’s Triumph and Cuomo’s Humiliation
abc NewsTrump, Hegseth slam news coverage of US intel report on Iran attack, say B-2 pilots upset
Washington ExaminerPete Hegseth excoriates media for coverage of assessment on Iran strikes
Frustrated by media coverage, Hegseth asserts US set Iran's nuclear program back
PoliticoHegseth defends Iran strikes, slams media over intel leak
Washington TimesDefense Secretary Hegseth slams press for relying on early leaked intel on Iran airstrikes
MintFrom leaks and media doubts to ‘historic success’: What Pete Hegseth said on US strikes on Iran
Daily MailFox News reporter's face says it all after ex-colleague rips her
MSNBCHegseth attacks media, touts military in Pentagon briefing on Iran strikes
New York TimesHegseth and Caine Delve Into Details but Not Results of Iranian Strikes
The HillHegseth slams Fox reporter at press conference: ‘You’re about the worst’
The GuardianPete Hegseth attacks media over reporting of US strikes in Iran – video
Fox NewsHegseth tears into reporters, alleging they 'cheer against Trump' and Iran strikes
NBC NewsIran's top leader makes first comments after U.S. strikes, claims 'victory'
Wall Street JournalIran’s Supreme Leader Claims ‘Victory’ in First Public Comments Since Cease-Fire
ReutersSupreme Leader, in first appearance since ceasefire, says Iran would strike back if attacked
CNNIran’s supreme leader claims victory over Israel
Time MagazineIran Threatens to Attack More U.S. Military Bases
NewsNationIran’s supreme leader claims ‘victory’ as ceasefire with Israel continues
BarronsIran Supreme Leader Says U.S. Attacks ‘Achieved Nothing,’ Amid Israel Cease-Fire
The Times of IsraelThreatening to ‘slap’ US again, Iran’s Khamenei claims Trump exaggerated strikes
New York TimesIran’s Supreme Leader Khamenei Makes First Public Comments in Almost a Week
AP NEWSIran’s supreme leader makes first public statement since ceasefire declared in Israel-Iran war
UPIIranian leader Khamanei hails ‘victory’ over United States, Israel - UPI.com
