Four meetings and six months have elapsed since the Fed last adjusted interest rates. The federal funds rate stands between 4.25% and 4.5%, preserving much of a sharp increase imp ...

The Fed announced Wednesday that it will hold rates steady for the forth time this year.

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...

Officials are waiting to see if businesses manage higher costs from tariffs by trimming profits or pushing up prices.

The Federal Reserve announced Wednesday in its fourth meeting of 2025 that it would continue to hold interest rates steady.

The Fed’s decision to hold rates steady has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

The Reserve Bank has stunned financial markets and economists by holding official interest rates steady at 3.85 per cent ...

Gold held steady on Tuesday after U.S. President Donald Trump unveiled higher tariffs on imports from Japan, South Korea, and ...

The decision to hold off on rate cuts earned Powell the ire of President Donald Trump. Since retaking office, Trump often ...

Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold ...

“It may well be the case that policy remains on hold for quite some time before the committee initiates very modest cuts to ...

WASHINGTON >> Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve ...