News

April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from ...
President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...
The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range of 4.25 percent to 4.5 percent, ...
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
The Federal Reserve lending rate remained unchanged amid economic uncertainty caused by the Trump administration's tariffs.
Policymakers cited economic uncertainty from Trump’s trade war for keeping the Fed funds rate between 4.25% to 4.5% range, ...
Trump has repeatedly urged Powell to cut the short-term interest rate that the central bank controls. The Fed typically reduces its rate during an economic downturn to encourage more borrowing and ...
Trump has called on the Fed to lower rates, despite its political independence. The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified ...
As widely expected, the Federal Reserve left it's key interest rate unchanged Wednesday, staying firmly in "wait and see" ...
The Bank of Japan must hold off raising interest rates for the time being, its board member Toyoaki Nakamura said on Friday, ...