derail the special counsel probe of donald trump. president biden tells the dnc and his campaign team to stay quiet about trump s indictment inside his 2024 strategy. plus, fierce fighting in ukraine as vladimir putin tries to claim kyiv s counter offensive is failing. we re live with an update on what s happening on the front lines. and breaking right now, what investors have been waiting for, a key decision from the federal reserve on interest rates. our nbc news reporters are following all of the latest developments and we do begin this hour with that breaking news from the fed. cnbc s morgan brennan is here for cnbc on msnbc. i think, morgan, we re on a ten-meeting streak by the fed of raising interest rates. what just happened? hold, that is what just happened. so we had ten raises, and now we hold. the federal reserve hitting the pause button on its campaign of interest rate hikes, as i say these words, keeping the federal funds rate unchanged at 5 to 5 1/4%. this a
The Korean economy appears destined to continue experiencing the negative impact of high U.S. interest rates following the U.S. Federal Reserve’s hawkish pause on its policy rates, according to analysts, Thursday. The Fed on Wednesday left its benchmark lending rates unchanged at a range of 5.25 percent to 5.5 percent for the second straight meeting since July.
The Yen continues to find temporary support from comments by both Japanese and BoJ Officials. Can the FOMC meeting finally trigger some FX intervention?