Fed meeting live updates: Federal Reserve expected to hold rates steady, offer updated outlook amid Iran war

The Federal Reserve is widely expected to keep interest rates unchanged at the end of its two-day policy meeting this week, but markets will be closely watching for signs of how the war in Iran could affect the Fed's inflation and economic growth outlook. The recent spike in oil prices, driven by the Middle East conflict, has complicated the Fed's picture, as inflation remains above the central bank's 2% target and the labor market slows. Traders now expect the Fed won't cut rates until October or Decem ...