💨 Abstract

The U.S. Federal Reserve left its key interest rate unchanged, hinting at a potential rate cut of half a percentage point by the end of the year. This decision boosted U.S. stocks, with tech stocks leading the Nasdaq's advance. The Fed also raised its inflation expectations and lowered its economic outlook for the year due to tariffs and policy uncertainties.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖