Inflation and steep oil prices were headlines at the Fed's March meeting. Powell hinted he may remain on the FOMC after his term as chair.

The Fed did not change policy, but it did change expectations. The March 2026 FOMC meeting surprised markets with a hawkish dot plot.

Everyone else wanted stable rates, but the Fed continues to think a rate cut this year is more likely than not.

While no one expected the Fed to cut — much less hike — at this meeting, the market always looks for clues about what's next.

Markets turned cautious on March 18 as traders positioned ahead of the Federal Reserve’s 2:00 p.m. rate decision, a key macro event expected to shape near-term direction across risk assets. Crypto prices drifted lower into the announcement window,

By Promit Mukherjee and Howard Schneider OTTAWA/WASHINGTON, March 18 (Reuters) - The U.S. Federal Reserve and Bank of Canada both struck hawkish tones on Wednesday in the face of surging energy prices arising from the Iran war,

The Federal Reserve kept its benchmark interest rate at 3.5%–3.75%, with chair Jerome Powell citing inflation concerns in the emerging Middle East war.