Equities flatten, oil rises after Fed holds rates and Mideast conflict rages on

Government

Edition: Singapore Indonesia Asia US/UK NEW YORK :Major Wall Street indexes ended a choppy trading session little changed after the U.S. central bank held interest rates steady on Wednesday, while the six-day-old Israel-Iran air war kept oil prices climbing on fears of escalation and supply disruption. In a much-anticipated address, Federal Reserve Chair Jerome Powell said the Fed expects goods prices for U.S. consumers to go up over the course of the summer under pressure from President Donald