Fed keeps rates unchanged after Trump knocks chairman Jerome Powell – live

**Headline:** Federal Reserve Maintains Current Interest Rates; Potential for Reduction Later This Year

**Summary:** The Federal Reserve has decided to hold interest rates steady, with policymakers indicating a possibility of rate cuts later in the year if economic conditions warrant such action. This decision comes amidst various international concerns, including recent comments by Russian Deputy Foreign Minister Sergei Ryabkov. Ryabkov has suggested that any direct U.S. military assistance to Israel could potentially destabilize the Middle East region, where an aerial conflict between Israel and Iran has been ongoing for six days. Additionally, Sergei Naryshkin, head of Russia’s SVR foreign intelligence service, described the current state of affairs between Israel and Iran as critical. The international community is monitoring these developments closely, with diplomatic efforts likely to be crucial in addressing the tensions. The Federal Reserve’s focus remains on managing domestic economic stability while being mindful of global geopolitical situations.