Interest rates

Britain's vote to leave the European Union will almost certainly have repercussions for the Federal Reserve -- and those could play out over days or months.

Fewer Federal Reserve officials expect the central bank to raise interest rates more than once this year, as policy makers gave a mixed picture of a U.S. economy where growth is picking up and job gains are slowing.

Here’s what to listen for when Fed Chairwoman Janet Yellen speaks later on Wednesday.

The Federal Reserve chairwoman was mum about when there might be another hike, which for some suggests she's not in a hurry.

Rates have been on hold amid market volatility and a slowdown in U.S. growth.

Central bankers will shed more light this week on the risks of either raising interest rates amid global uncertainty or leaving them on hold again as the U.S. economic outlook improves.

The wirehouse will consider the move if “conditions remain as they are or grow worse,” CEO Sergio Ermotti says.

The S&P 500 has fallen 9% since the start of the year as investors have punished stocks over worries about interest rates at home and the economy in China.