A BMO representative speaks with job seekers about banking jobs as they attend a Inspire Together job and resource fair in Los Angeles, California on July 29, 2026. The US Federal Reserve held interest rates steady on Wednesday, with surging inflation fueled by President Donald Trump's war on Iran seeing three of the committee's 12 policymakers calling for a quarter-percentage-point rate hike. (Photo by Patrick T. Fallon / AFP via Getty Images)