The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...

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

News that the U.S. and China have drastically reduced reciprocal tariffs for 90 days as they continue trade talks has already ...

Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...

"There's a level of anxiety, again, I haven't seen since COVID hit," Kashkari said. Asked about Trump pressuring Fed Chair Jerome Powell to cut interest rates, Kashkari said monetary policy ...

Bostic’s comments come after a consumer sentiment survey last week showed Americans were worried about the potential of ...

Despite their differences, the Federal Reserve and President Trump appear to have one very important thing in common: Both are on pause. The Fed on Wednesday is expected to leave interest rates ...

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 ...

President Trump has been pushing the Federal Reserve to cut interest rates, writing on social media last month that the central bank has been "TOO LATE AND WRONG" in holding off on further reductions.

The Federal Reserve Board cut interest rates by half a point in a surprise announcement Tuesday, March 3, in an attempt to combat the "evolving risks to economic activity" caused by the ...