Wednesday Evening Links

[Yahoo/Bloomberg] Asian Stocks to Rise After Fed Calms Tariff Nerves: Markets Wrap

[Yahoo/Bloomberg] Gold Hits Fresh Record as Fed Holds Rates, Sees Higher Inflation

[Yahoo/Bloomberg] Powell Fuels Rare Rally in Both Stocks, Bonds With Soothing Tone

[AP] Federal Reserve sees tariffs raising inflation this year, keeps key rate unchanged

[CNBC] ‘Transitory’ is back as the Fed doesn’t expect tariffs to have long-lasting inflation impacts

[Yahoo/Bloomberg] Fed to Shrink Balance Sheet at Slower Pace Until Debt-Ceiling Deal Reached

[Yahoo/Bloomberg] Brazil Boosts Key Rate to 14.25% and Sees Smaller Hike Ahead

[AP] Zelenskyy and Putin have agreed to a limited ceasefire, but implementation is work in progress

[AP] Trump threatens Houthi rebels that they’ll be ‘completely annihilated’ as airstrikes pound Yemen

[Bloomberg] Taiwan Envoy Rejects ‘Freeloader’ Tag as US Urges Defense Boost

[Bloomberg] A New ‘China Shock’ Is Destroying Jobs Around the World

[WSJ] Fed Dims Economic Outlook, Citing Uncertainty Over Tariffs

[FT] Federal Reserve cuts US growth forecast as Trump’s policies weigh on outlook

Wednesday Afternoon Links

[Reuters] Wall Street rises with focus on Fed rate decision 

[Yahoo/Bloomberg] Oil Erases Losses With US Crude Stockpiles, Geopolitics in Focus

[Yahoo/Bloomberg] Turkey Detains Erdogan’s Top Rival, Triggering Market Meltdown

[CNBC] Fed holds interest rates steady, still sees two cuts coming this year

[CNBC] Here’s what changed in the new Fed statement

[Politico] Why a clash between the Fed’s Powell and Trump is increasingly inevitable

[Yahoo/Bloomberg] White House Says Trump Talking With Zelenskiy After Putin Call

[Yahoo/Bloomberg] Trump Loves AI But His Tariffs Ramp Up Costs for Data Centers

[Reuters] Judge warns of consequences if Trump administration violated deportation order

[Axios] How Trump is putting the world's economic policy on hold

[Politico] EU slams the door on US in colossal defense plan

[AP] Europe and Canada are eyeing alternatives to American-made fighter jets. Here’s why

[Politico] Putin showed ‘true face’ by bombing Ukraine after ceasefire call, says Finland’s president

[Axios] Mahmoud Khalil's case should be heard in New Jersey, judge says

[Bloomberg] Why Strait of Hormuz Is Vital, and Risky, for Shipping

[NYT] Trump Primed to Clash With Fed After Key Rate Decision

[WSJ] Trump Says He Had ‘Very Good’ Call With Zelensky on Russia Cease-Fire Efforts

[FT] Volodymyr Zelenskyy talks to Donald Trump after Russia continues strikes on Ukraine

[FT] Turkish police detain Erdoğan’s main political rival