The Federal Reserve left its benchmark interest rate unchanged at a 4.25% to 4.5% range at its June meeting, making it the fourth consecutive meeting in which it held rates steady.

The rate projections give investors and analysts a false sense of precision. Some Fed officials are tired of them.

Weather forecasting has evolved to rely on probabilistic models, called “spaghetti plots,” to map multiple simulated ...

The Fed holds rates steady, hints at cuts by 2025. Click to explore market impacts, investment strategies, and key risks as ...