Israel-Iran war, June 19 -- Shares of IT companies fell sharply in Thursday's trading session as the US Federal Reserve kept the key interest rates unchanged in its June policy meeting, while raising concerns on inflation, and amid worries following the Israel-Iran war.

While the US Fed held interest rates unchanged for the sixth consecutive meeting, it reaffirmed expectations for two rate cuts in 2025, as shown in the updated "dot plot," which outlines forecasts from individual policymakers. However, the Fed lowered its projected rate cuts for 2026 and 2027, indicating a slower pace of monetary easing in the longer term.

The US Fed remains in a wait-and-watch mode as it expects the impact of the tariffs imposed by Donald Trump to start...