News

The Federal Reserve left its benchmark interest rate unchanged on Wednesday, with Chair Jerome Powell signalling that ...
Alongside the rate decision, the Fed revised down its economic forecast. GDP growth for 2025 is now pegged at just 1.4%, down ...
If it ain't broke, don't fix it. The central bank yet again opted to keep interest rates steady Wednesday as policymakers ...
The Federal Reserve concluded its fourth meeting of the year by keeping the federal funds rate (FFR) at 4.25-4.50%, as ...
The central bank sees higher inflation and slower growth ahead.
Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...
Here's a question some Fed-watchers, including the President of the United States, have asked lately: Why won't the Fed cut interest rates already? Fed Chair Jerome Powell has answers.
Investors digested the latest Federal Reserve interest rate decision amid ongoing Israel-Iran hostilities that could draw in ...
Rates on some of the best accounts now available range between 3.6% and 4.3%, according to Bankrate. That compares very favorably to the average savings rate across all banks, which was just 0.38% as ...
The Fed's announcement today was largely as expected, keeping the target fed funds rate the same, while assessing new data ...
Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies ...
WASHINGTON – With the economy in “a solid position” but inflation still elevated, Federal Reserve officials announced ...