Josh Lipsky, who runs international affairs think-tank the Atlantic Council's global CBDC tracker, says that though Trump's ban will have little impact domestically given the Federal Reserve has never shown real appetite for a "retail" digital dollar, it is still a blow.

Equity markets diverged Wednesday as attention turned away from recent turbulence in tech stocks to the outlook for interest rates, with the Fed and the ECB both holding their first

The Federal Reserve announces its decision on interest rates at 2 p.m. Fed Chair Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average,

Tariff risks to Europe and China may be underappreciated at the moment, with the possibility that the latter could see its effective rate rise to 30% from roughly 11%, according to UBS. “We anticipate more tariff threats and asset volatility ahead,

The Swiss government said on Wednesday that it would from May 1 remove the European Union from a list of jurisdictions affected by protective measures for the Swiss stock exchange, ending a block on the trading of Swiss shares on other bourses.

French budget talks teetered on the brink of collapse on Wednesday, a day after Socialist party officials suspended their participation in protest over remarks about immigration by Prime Minister Francois Bayrou,

The Federal Reserve announces its decision at 2 p.m. Jerome Powell speaks shortly thereafter. Live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

The Federal Open Market Committee, the central bank's policymaking body, will conclude a two-day meeting on Wednesday afternoon. A policy decision is due at 2 p.m. ET, followed by a news conference by Fed Chair Jerome Powell at 2:30 p.m. ET.

Interest rates around the world are at a critical turning point, with major central banks set to announce key policy decisions. The Bank of Canada is up first, followed by the Federal Reserve and the European Central Bank. Markets are bracing for impact as speculation of rate cuts grows.

Sentiment towards office buildings has been hit as landlords face big bills to upgrade old buildings, and by uncertainty over future demand. Analysts have also warned that the broader recovery could falter if interest rates stay elevated for longer than anticipated.