Source: CBS News
“The Federal Reserve on Wednesday left its benchmark interest rate unchanged, marking the central bank’s second consecutive pause in 2026. In its policy statement, the Fed said U.S. economic uncertainty remains elevated, adding that the impact of the Iran war also remains unclear. The Fed maintained the federal funds rate — what banks charge each other for short-term loans — in its current range of 3.5% to 3.75%. The decision to keep rates steady was widely expected by investors.” (03/18/26)
https://www.cbsnews.com/news/federal-reserve-fomc-march-18-interest-rate-decision/