The Federal Reserve is widely expected to keep interest rates unchanged on Wednesday, as policymakers weigh whether to highlight rising inflation risks in their post-meeting statement following what could be Jerome Powell’s final meeting as chair of the U.S. central bank.

On Wednesday, U.S. President Donald Trump stated that he would dismiss Federal Reserve Chair Jerome Powell if Powell does not resign at the end of his term, emphasizing that an ongoing Justice Department investigation must proceed.

Top U.S. financial officials have privately warned major banks about potential cybersecurity threats linked to a powerful new artificial intelligence model developed by Anthropic, according to sources familiar with the matter.

Asian stock markets fell sharply on Tuesday as fears of a wider conflict in the Middle East rattled investor confidence, wiping out gains built earlier this year.

Jerome Powell is set to speak at Harvard University on Monday, as the Federal Reserve confronts a growing economic dilemma: how to respond to rising inflation without harming economic growth.

The Federal Reserve on Wednesday held interest rates steady as widely expected, while its updated dot plot maintained projections for one rate cut this year. The central bank added that the effects of the ongoing Middle East conflict on the economy were "uncertain."

Bitcoin fell more than 5% on Monday, sliding below $65,000 after U.S. President Donald Trump announced plans to raise global tariffs to 15%, fueling renewed uncertainty in financial markets.

Federal prosecutors have launched a criminal investigation into Federal Reserve Chair Jerome Powell over his June testimony to Congress regarding the Fed’s $2.5 billion renovation of its headquarters in Washington, D.C.