On Wednesday, the Bank of Canada cut interest rates, but the US Federal Reserve did not. After three cuts in a row, the Fed’s ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Officials cut rates at their previous three meetings before taking a pause.
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Federal Reserve Chair Jerome Powell told reporters that bank reserves appear to remain abundant, leaving room for the central bank to continue shrinking its balance sheet, a process widely known as ...
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...