Axios reported that US Central Command has prepared a plan for a wave of "short and powerful" strikes on Iran.

Future base rate changes are hard to predict as analysts judge the economic impact of the Iran war.

Other tech giants Alphabet, Microsoft and Amazon also reported quarterly earnings on Wednesday.

Elon Musk was cross-examined on the third day of the trial over his lawsuit against Sam Altman and OpenAI.

Powell's news conference after holding rates covered the US-Israel war with Iran, inflation, legal attacks, and the Fed's independence.