The Federal Reserve on Wednesday announced that it will hold interest rates steady due to concerns about elevated inflation amid the war in Iran.

Markets are split on whether Federal Reserve policymakers will raise or hold steady their key interest rate at the end of their July meeting today, as Chair Kevin Warsh said he anticipated another “go...

"Output is solid. Capex and productivity are strong. Labor markets solid, steady. The bond market's saying many of those same things," Warsh said.