The Federal Reserve left its key short-term interest rate unchanged, brushing off repeated calls from President Donald Trump ...

The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense ...

The Fed held rates at 4.3% despite Trump’s push for cuts. Powell cites tariff-driven inflation risks; internal dissent ...

WASHINGTON: The United States central bank held interest rates steady on Wednesday (Jul 30) and Federal Reserve Chair Jerome ...

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

President Trump spent the day hailing new GDP numbers that showed stronger than expected economic growth over the past three months. But at the Federal Reserve, Chair Jerome Powell pointed to Mr.

The Senate voted along party lines last night to confirm senior Justice Department official Emil Bove to the 3rd U.S. Circuit ...

The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...

WASHINGTON (TNND) — In one of the most scrutinized – but least surprising – monetary policy decisions in recent memory, the Federal Reserve announced Wednesday it will hold interest rates steady for ...

US President Donald Trump announced a new trade deal with South Korea, stating that the United States (US) would charge a 15% tariff on imports from South Korea, Reuters reported on Wednesday. The ...