Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine are holding a press conference at ...

U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in ...

Fed saw inflation, jobless, stability risks at May meeting, minutes show Officials acknowledge potential 'difficult tradeoffs' in the form of rising inflation and rising unemployment ...

The staff of the Federal Reserve reported to the central bank's leadership that the risk of a recession was high, according to the minutes of the Fed's May 6-7 meeting.

Federal Reserve officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of President Donald Trump’s tariffs on inflation, unemployment, and the ...

The Federal Reserve's (Fed) discount rate meeting minutes from April 7, 28, and May 8 revealed that policymakers are increasingly uneasy about looming economic impacts, mostly from US trade policy.

The Fed Fed officials see persistent inflation as a threat, even as staff warn of recession Central bankers agree to take a cautious approach until the net economic effects of trade policy are clearer ...

The uncertainty still felt today was also the watchword at the meeting in early May, when the Fed decided to hold the benchmark policy rate steady in the 4.25 per cent to 4.5 per cent range.