The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
As traders approach another pivotal day for financial markets, a series of crucial economic data releases and decisions that ...
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair Jerome Powell’s press conference.
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
U.S. Federal Reserve Vice Chair Philip Jefferson on Wednesday said he is content to keep the central bank's policy rate in ...
President Donald Trump may want lower interest rates, but the Federal Reserve will almost certainly keep its benchmark interest rate unchanged at its two-day policy meeting that ends Wednesday.
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...
The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a global coalition of central banks engaged in the study of climate risk that ...