News

Jerome Powell’s authority at the Federal Reserve keeps chipping at the edges.
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
The dollar flirted with a two-month peak on Thursday after Federal Reserve Chair Jerome Powell stuck to his patient approach ...
Dissents highlight a fraying consensus among policymakers, who are debating the effects that tariffs will have on the economy ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
A sharp drop in imports triggered by President Donald Trump tariff policy helped boost US economic growth between April and ...
The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...
U.S. stock indexes are drifting as Wall Street waits to hear from the Federal Reserve later in the afternoon about what it ...