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Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
Wall Street remains cautiously optimistic as the Trump administration intensifies efforts to strike favorable trade deals.
The Federal Reserve held interest rates steady at 4.25% to 4.50% for the third time this year.
The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.
The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...
The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation ...
Cleveland Federal Reserve President Beth Hammack emphasized that the Fed needs more time to assess the impact of U.S.
From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted ...
The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.
In a statement announcing its decision to hold rates, the Fed suggested that tariffs might have distorted its view of economic data. Though economic activity appeared to expand at a “solid pace ...
Investors had widely expected the Fed to hold rates steady. Fed Chair Powell in remarks said the central bank does not need to be in a hurry to adjust its monetary policy. “We think right now ...
The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range ... Wednesday’s rate hold was the third in a row, following pauses during meetings in March and ...