Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...

Federal Reserve Chairman Jerome Powell will hold a news conference at 2:30 p.m. following his announcement of the Fed’s ...

The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of ...

The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible ...

The Federal Reserve on Wednesday afternoon announced its latest decision on interest rates, leaving the benchmark rate ...

any more than we need their advice," Powell said during a press conference on Wednesday. "It's on Congress to figure out how ...

Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.

Following the last review, the Fed outlined a policy that became known as flexible average inflation targeting. The move was ...

Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher ...

Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.

Investors await the Federal Reserve's decision on interest rates at 2 p.m. on Wednesday, as well as comments from Federal ...