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June 13, 2018, 3:17 p.m. EDT

Here’s the Fed rate decision and Powell press conference: live blog and video

Central bank hiked interest rates by a quarter point

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By Rex Nutting, William Watts and Steve Goldstein, MarketWatch

The Federal Reserve hiked interest rates and revealed its dot plot of rate forecasts. Follow along as MarketWatch live-blogs the decision and market reaction, and watch the press conference with Chairman Jay Powell. Live transcript (provided by the Fed)

Interview : Jack Lew blasts Trump on economy: ‘You do the hard work, and someone else spends it on their priorities’

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Rex Nutting is a columnist and MarketWatch's international commentary editor, based in Washington. Follow him on Twitter @RexNutting. William Watts is MarketWatch's deputy markets editor, based in New York. Follow him on Twitter @wlwatts. Steve Goldstein is MarketWatch's Washington bureau chief. Follow him on Twitter @MKTWgoldstein.

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