
US Stocks End Mixed as Fed Holds Rates Steady
Stocks closed mixed as the Fed paused on rate cuts: Dow fell 0.38%, S&P 500 dipped 0.12%, Nasdaq rose 0.15%. Robust Q2 growth and Fed dissent shape the outlook.
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Stocks closed mixed as the Fed paused on rate cuts: Dow fell 0.38%, S&P 500 dipped 0.12%, Nasdaq rose 0.15%. Robust Q2 growth and Fed dissent shape the outlook.
The Fed’s Beige Book warns of a neutral to pessimistic US economic outlook as rising tariffs and policy uncertainty put upward pressure on prices and hiring decisions.
Fed Chair Powell says the central bank will wait on rate cuts until tariff impacts on inflation are clear, as consumer confidence dips amid economic uncertainty.
The Fed held its key interest rate steady on June 18, balancing trade-war inflation risks and global uncertainty tied to the Middle East conflict.
The Chinese mainland cuts one-year and five-year loan prime rates to 3% and 3.5%, aiming to lower borrowing costs.
The U.S. Fed keeps its benchmark rate at 4.5% amid economic uncertainty and tariff concerns, shaping global borrowing and business strategies.
Trump insists he can force out Fed Chair Powell as tensions grow over tariffs and interest rates, stirring questions about global market stability.
The European Central Bank cut rates by 0.25 percentage points to support inflation at its 2% target, aiming to bolster the euro area economy amid rising trade tensions.
China’s central bank governor announces plans to cut reserve requirement ratios and interest rates in 2025 to enhance economic growth and support innovation.
The Federal Reserve pauses interest rate cuts amid rising core inflation and volatile food prices, signaling cautious economic recovery.