The Federal Reserve on Wednesday raised interest rates by a quarter of a percentage point, but indicated it was on the verge of pausing further increases in borrowing costs after the recent collapse of two U.S. banks.
- WorldRussian missiles batter Ukraine, but Bakhmut offensive stalling, say military experts
Russian drones attacked Ukrainian cities and missiles blasted an apartment block, but a months-long ground assault on the eastern town of Bakhmut could be stalling in the face of fierce resistance, according to Ukrainian and British military experts.
- MarketsMorning Bid: What Powell giveth, Yellen taketh
A look at the day ahead in Asian markets from Jamie McGeever.
- LegalTrump porn star hush-money grand jury takes Wednesday off - source
Another day passed on Wednesday without an indictment against former President Donald Trump, who had forecast he would be arrested on Tuesday in a Manhattan probe of alleged illegal hush-money payments he made to porn star Stormy Daniels.