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The Fed opted to keep the fed funds rate steady but will respond in a “timely way” to any potential economic developments, ...
Federal Reserve Chair Jerome Powell faces pressure to lower interest rates as the central bank and markets digest the impact of Trump’s tariffs. Follow along for live updates on how the Dow, S&P 500 ...
U.S. stock indexes are drifting on Wednesday after the Federal Reserve decided to keep interest rates where they are.
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
The Fed brushed off repeated calls from President Trump for a cut, though two members voted to reduce borrowing costs.
Federal Reserve Chairman Jerome Powell holds a press conference on the central bank's interest rate decision at 2:30 p.m. ET.
Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold rates steady despite ...
The headline strength in GDP came as imports plunged at 30.3% annual rate, after Q1's 37.9% spike ahead of Trump tariffs.
Federal Reserve Chair Jerome Powell speaks on Wednesday about the vote to keep short-term interest rates at about 4.3%, brushing off repeated calls from President Donald Trump for a cut.
Washington (CNN) — The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it ...
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...
The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House, as ...