The Federal Reserve on Wednesday voted 11-1 to slow the reduction ... holdings. The Fed stuck with plans to reduce its holdings of mortgage-backed securities by up to $35 billion a month.

However, odds that the Fed will cut its key rate by 75 basis points this year rose to 53% from 43% a day earlier. The S&P 500 climbed 1.1% in Wednesday stock market action, though gave up some ...

Economists forecast that the tariffs will weaken the economy, possibly threaten hiring, and push up ... Fed is in a tough spot with inflation set to accelerate and the economy poised to slow ...