Articles about Rates

• The Federal Reserve's policy committee decided to hold the federal funds rate steady at 3.5% to 3.75% on March 18, 2026, citing elevated uncertainty about the economic outlook and the implications of Middle East developments for the U.S. economy. • The Fed noted that while economic activity continues to expand at a solid pace, job gains have remained low and unemployment rates have shown little change, with inflation remaining somewhat elevated above the 2% target. • The Committee signaled readiness to adjust monetary policy if risks emerge that could hinder maximum employment and price stability, indicating a cautious stance given current geopolitical and economic headwinds.

• Wall Street indices declined sharply on Wednesday, March 18, with the S&P 500 falling 1.4% to 6,624.70, Dow Jones dropping 1.6% to 46,225.15, and Nasdaq sliding 1.5% to 22,152.42. • The Federal Reserve decided to keep its main interest rate unchanged, opting against resuming cuts to support the job market and economy amid rising inflation pressures. • Fed Chair Jerome Powell stated, “We just don’t know,” regarding the impact of surging oil prices and President Donald Trump’s tariffs on the economy.

Rolling coverage of the latest economic and financial newsUK wage growth slows sharply as unemployment holds steadyFed holds interest rates steady as Iran war drives up oil prices and inflation fearsMiddle East crisis live: Trump threatens to ‘blow up’ entire South Pars gasfield if Iran strikes QatarUK wage growth has slowed to a five-year low, in a worrying sign for workers as the Middle East crisis pushes up energy costs.Average pay (excluding bonuses) rose by 3.8% in the three months to January, down from 4.1% in October-December 2025, the Office for National Statistics reports.“With unemployment staying steady at 5.2% and a rare gain in payrolls employment, this report paints a mildly more positive picture of the labour market. And with wage growth softer again, in normal times this would have been a relatively reassuring report for the Bank of England.But the report feels stale in light of the Iran conflict, and the inflation risks stemming from the large spike in energy prices. So while today’s Bank of England meeting had once looked like the likely point of the next rate cut, instead policy is set to be kept on hold today as policymakers give themselves more time to see how the conflict plays out. Continue reading...

Jerome Powell resists Trump pressure as policymakers weigh energy shock against a weakening US jobs marketSign up for the Breaking News US email to get newsletter alerts in your inboxThe US Federal Reserve held interest rates steady for the second time this year, a widely expected move amid turmoil in the Middle East and rising energy prices.Fed officials faced a confluence of issues to consider in their meeting this week: soaring oil and gas prices, fluctuating inflation that still remains above the Fed’s target of 2% and a weakened job market that unexpectedly saw 92,000 losses last month. Continue reading...

Show in part a rediscovery of more than 40 mostly forgotten women who plied their trade in the Low CountriesJudith Leyster, an artist of the Dutch golden age, was thought to be about 21 when she painted her self-portrait in 1630. In the picture she presented to the world, Leyster exudes cheerful confidence. Clad in shimmering silks and a stiffly starched lace collar, she leans back in her chair, palette and brushes in hand, a painting by her side.This work, completed in the year she was admitted to a painters’ guild in Haarlem, proclaimed her arrival as an established artist. It was one of the first self-portraits by an artist in the Dutch republic, a device most male painters did not adopt until years later. Continue reading...

Energy minister says it will take ‘some time’ for extra supply to reach regional areas. Follow today’s news liveGet our breaking news email, free app or daily news podcastThe energy minister, Chris Bowen, says it will take “some time” for the petrol and disesel released from Australia’s domestic stockpile to reach areas hit by shortages.On Friday, the Albanese government directed fuel companies to release nearly a fifth of reserve petrol and diesel supplies. Dozens of service stations across the country have run out of petrol as retailers struggle with customers panic-buying in response to skyrocketing prices from the Middle East conflict.There will be some time for it to flow through. There’s a very complicated supply chain.But it is going to have an impact. Some companies have said it will start to have an impact in coming days, to some degree. But there will be some time before it’s all released. Continue reading...

• Iran warned the United Arab Emirates to begin evacuating its population from major port zones including Abu Dhabi and Dubai on March 15, 2026, escalating threats in the Persian Gulf region. • The warning follows intensive military exchanges between Israel and Iran overnight, with missile and drone interceptions reported across Saudi Arabia, the UAE, Kuwait, and Qatar. • The threat to UAE ports signals Iran's willingness to target critical regional infrastructure and commerce, raising concerns about disruption to global shipping and energy supplies vital to international economies.

Microsoft is incorporating rack-scale NVIDIA Rubin systems into its 'Fairwater' AI superfactories to power advanced model training starting late 2026. This follows NVIDIA's Rubin unveiling, promising leaps in compute efficiency for cloud-scale AI. The move bolsters US AI infrastructure amid enterprise agent adoption rates surging in datacenters.

The 2025-2026 flu season is concluding with one of the lowest vaccine effectiveness rates in more than a decade, with the CDC reporting effectiveness of approximately 25-30% in preventing adults from needing medical care, according to data released Friday. A viral mismatch between the vaccine strain and dominant H3N2 variant that emerged early winter caused the poor performance, with vaccination proving more protective in children at around 40% effectiveness against medical visits. Despite low effectiveness, the CDC estimates 27 million illnesses, 350,000 hospitalizations, and 22,000 deaths from flu this season—substantially lower than the prior year's 40 million illnesses and 520,000 hospitalizations at the same point.

Amazon Web Services began deploying AI chips from Groq alongside its Trainium2 processors in US data centers on March 13, 2026, to diversify inference capabilities. The move supports over 100,000 Inferentia chips already in use, aiming to cut AI training costs by 50% for customers. This hybrid strategy enhances AWS competitiveness against Nvidia amid chip shortages, boosting scalability for enterprise AI workloads. Expansion to additional regions is slated for April 2026.

From the cost of childcare to the housing crisis, there’s no shortage of explanations for the dramatic global fall in the number of babies being born. These analyses, though, are all missing something, says cognitive and evolutionary anthropologist Paula Sheppard

Taking a multivitamin every day might slightly slow the rate of ageing, but the extent to which this is relevant to our health is unclear

Red Hat joined upstream development of vLLM Semantic Router, a framework for intelligent request routing in mixture-of-modality AI models, announced March 13, 2026. It selects optimal models at inference based on query signals, addressing challenges in diverse LLM deployments. This enhances efficiency for hybrid cloud AI scaling. The initiative supports enterprise AI expansion with reliable foundations.