News

Federal Reserve holds its benchmark rate steady at today's FOMC meeting

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.

Fed's reticence on rate cuts forces market to rethink outlook

The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve officials left interest rates unchanged but downgraded their view of the US economy, a sign policymakers ...

The Fed Held Rates Steady. The Central Bank’s Next Move Looks Murky.

Chair Jerome Powell’s refusal to signal imminent cuts sent markets tumbling—and cast serious doubt on whether policymakers ...

Where Are Fed Rates Headed? See How Forecasts Have Shifted This Year.

The Federal Reserve has held rates steady so far this year, in a range of 4.25% to 4.5%. But expectations for future policy ...

Powell calls Trump's unusual trip to the Fed 'a nice visit'

Fed Chair Jerome Powell simply won't let himself get caught in a back-and-forth with President Donald Trump, his biggest critic. Powell described the president's trip last week to see renovations at ...

Bitcoin Price Rises. What’s Driving Cryptos After Fed Rate Decision.

Bitcoin and other cryptocurrencies rose early Thursday, recouping losses after the Federal Reserve’s latest decision to hold ...