The White House had been pushing for a rate cut. With inflation not far from the Fed's 2% target for now, Trump and Treasury Secretary Scott Bessent argued that the Fed could reduce its rate.

More “total stiff.” The Fed’s rate-setting Federal Open Market Committee released its decision to hold rates steady at 4.25% to 4.5% at 2 p.m. EDT Wednesday following its two-day monetary ...

The Fed kept its rate at 4.3% for the third straight meeting, after cutting it three times in a row at the end of last year. Many economists and Wall Street investors still expect the Fed will ...

Fed's concern is above-target inflation that may worsen due to tariffs U.S. economy shrank last quarter, consumer spending slowed Traders expect an interest rate cut in June April 30 (Reuters ...

The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%, where it's been parked since the central bank last moved to lower short-term rates in December.

That caution dominated the Fed’s meeting this week, when officials opted to again extend a pause in interest rate cuts. Jerome H. Powell, the chair, stressed that the economic backdrop was so ...

With more than 90% of student debt in federal loans, the vast majority of student loans aren’t affected by the Fed rate at all. But if you’re one of the few who either has a variable-rate ...

As of Wednesday afternoon, there's only a 58% chance the Fed will cut its short-term interest rate at its late July meeting, according to the CME FedWatch tool. The FedWatch tool tracks the ...

Now, the Fed is set to meet on Wednesday to make its next rate decision — but Mr. Trump may need to wait longer to get his cuts. The Federal Reserve is expected to hold its benchmark rate steady ...

Additionally, the Fed's influence on monetary policy impacts other decisions related to pricing, supply chain management and where to invest profits. The federal funds rate is one tool the Federal ...

Traders now see the Fed waiting until July to start rate cuts Tariffs' effect on labor market not yet felt Firm jobs report means Fed's focus remains on containing inflation May 2 (Reuters ...