Federal Reserve holds rates steady amid inflation concerns while geopolitical tensions impact markets, with Trump administration pursuing diplomatic talks and domestic policy changes affecting financial sectors.

The Federal Reserve held interest rates steady on Wednesday but signaled elevated inflation concerns, drawing three dissenting votes against an 'easing bias' - marking the most divided decision since 1992 and reflecting mounting political pressure on monetary policy.

The US Senate panel advanced Kevin Warsh's nomination as Federal Reserve chair pick, with Trump pushing for leadership change amid concerns over rising political pressure on the central bank's independence.

Pakistan's State Bank purchased $7.45 billion over 12 months to rebuild reserves, with $728 million added in January alone, projecting reserves to exceed $18 billion by June amid ongoing debt repayments.

The Pakistan Stock Exchange reversed early gains of 1,200 points to close down 2,588 points as oil price rallies and regional tensions spooked investors across key sectors.

The IMF approved Pakistan's revised captive gas levy formula, reducing charges by up to 60% from Rs1,303 to Rs522 per mmBtu, though the relief is tied to maintaining grid demand stability.

Pakistan's government rejected high-yield bids and raised Rs512 billion through Pakistani Investment Bonds to avoid higher borrowing costs, with the State Bank accepting Rs499 billion for 5-year and Rs162 billion for 10-year tenor.

Sea Link Group is moving to acquire control of Pakistan International Container Terminal through purchasing 83.41% stake, with the deal requiring PSX and SECP approvals, signaling major consolidation in port operations.

Alphabet's stock emerged as a standout gainer on Big Tech's earnings day, driven by strong cloud growth and earnings beat that justified the company's raised spending projections.

Federal Reserve Chair Powell stated he will continue serving as governor for an undetermined period, directly pushing back against Trump's pressure for his immediate departure.

Intel's stock has hit record highs following its CEO's successful navigation of geopolitical tensions and company restructuring, despite past scrutiny from Trump administration over China-related ties.