Here's what changed in the new Fed statement
This is a comparison of Wednesday's FOMC statement with the one issued on May 1 after the Fed's previous policy-making meeting.
Market wire
Latest news on private equity markets
Headlines on the small cap U.S. and Canadian companies we follow, pulled from the wires as they publish. Every story opens at its original source.
Fed lowers its inflation expectations for 2019, keeps growth outlook the same
The Fed lowered its inflation forecast for 2019 while keeping the growth expectations unchanged.
U.S. trade chief says he can 'work out' Democrat concerns over North America pact
The top U.S. trade negotiator said on Wednesday he is ready to work with lawmakers "sooner rather than later" to address concerns over a new North...
Oil prices mostly steady despite U.S. crude stock draw
Oil futures were little changed on Wednesday as price support from a larger-than-expected decline in U.S. crude inventories was countered by a slump in equities.
Canada Finance Minister says permitting work on Trans Mountain oil pipeline underway
Work to obtain building permits for the Trans Mountain oil pipeline started on Wednesday, Canadian Finance Minister Bill Morneau said, a day after the federal government...
Powell: Some Fed officials believe the case for more accommodative policy has strengthened
Powell said policymakers are concerned about some of the recent economic developments and see a growing case for easier policy.
FOMC statement from June 18-19 meeting
Following is the full text of the statement released by the Federal Reserve's Federal Open Market Committee on Wednesday following a two-day meeting:
Canada opens probe into 250,000 GM pickups, SUVs over brake performance
Transport Canada, the auto safety regulator, has opened a probe into braking issues in nearly 250,000 General Motors full-size pickups and SUVs after U.S. officials launched...
Global stocks gain, yields lower after Fed signals possible rate cuts
A gauge of global stock markets added to gains on Wednesday and benchmark U.S. Treasury yields and the U.S. dollar fell after the U.S. Federal Reserve...
Instant view: Fed holds interest rates steady, sets up for cuts
The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder...
Traders bet heavy on Fed rate cuts ahead
Traders of U.S. short-term interest rate futures added to bets that the Federal Reserve will cut interest rates starting next month, after the central bank ended...
Fed holds rates steady, signals cuts possible later this year
The U.S. Federal Reserve held interest rates steady on Wednesday but signaled possible rate cuts of as much as half a percentage point over the remainder...
KLM in preliminary deal for 15 Embraer E195-E2 planes
Brazilian planemaker Embraer landed the first major European customer for its newly certified E195-E2 passenger jet on Wednesday as Dutch KLM signed a letter of intent...
Wall Street climbs after Fed signals potential rate cuts
Wall Street rose on Wednesday after the Federal Reserve held interest rates steady, as expected, and signaled potential cuts later this year.
Factbox: Winners and losers in Trump's trade war with China
U.S. companies in everything from computer chips to tractors have said President Donald Trump's trade wars, including disputes with Beijing and global steel tariffs, have had...