U.S. stocks ended lower on Wednesday, but off their lows of the day, with the Federal Reserve holding interest rates steady as expected and Fed Chair Jerome Powell offering soothing comments for investors.

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

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The Federal Reserve withdrew from a central-bank climate coalition this month because its work veered outside the Fed's focus on price stabi

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September

A January rate hold is all but certain, but the Federal Reserve chair's first speech during Trump's second presidency could still hold clues on inflation concerns.

The Fed's preferred inflation measure for November, the PCE index, came in below Wall Street estimates ... t try to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company forecasted free cash flow of $13.5 billion for the full year, above the $12.92 billion Wall Street had expected. IBM also said its generative AI book business now stands at more than $5 billion.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Jerome Powell-led FOMC maintained the policy rate steady at 4.25-4.50 per cent in the first decision of Trump's presidency after reducing the rates for three straight meetings in 2024.

The FTSE 100 index is forecast to open about 25 points lower, having risen 0.3% to 8558 at last night’s closing bell.