The Federal Reserve left its benchmark rate unchanged and maintained a cautious posture after its latest policy meeting, even as inflation pressures persist and oil markets react to the Iran conflict. The central bank kept the federal funds rate in a 3.5% to 3.75% range with an 11-1 vote in favor of holding. The Fed’s dot plot showed a median projection of 3.4% for the funds rate at the end of 2026, identical to last year’s forecast. Yet a closer read revealed a shift toward fewer anticipated rate cuts, signaling a policy path that could stay restrictive for longer than…
Author: Stocks Breaking News
U.S. equity futures were mixed in early trading as investors weighed a mix of earnings, regulatory headlines and forward guidance from retailers and chipmakers. Notably, Nvidia rose nearly 1% after Reuters, citing sources, reported that Chinese regulators approved the sale of its H200 AI chips in China. The company is also reportedly preparing to offer in China a version of its Groq AI chip, according to CNBC’s coverage of the Reuters report. In premarket action, several names moved on quarterly results or analyst commentary. Macy’s surged about 8% after delivering fourth-quarter results that topped expectations on both earnings and revenue.…


