Stories that are getting the most attention from our readers this week.
The U.S. Federal Reserve maintained its benchmark interest rate at 4.75-5.00% in its March 2026 meeting, citing progress on inflation toward the 2% target but persistent risks from supply chain disruptions. Chair Jerome Powell noted that recent data shows core PCE inflation at 2.4%, down from peaks, but emphasized caution due to global energy volatility. The statement opens the door to rate cuts as early as June if employment remains stable.
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