With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.
The Federal Reserve kept rates unchanged at the January FOMC meeting, maintaining a 4.25-4.50% range as it reassesses the economic landscape and recalibrates policy.
Central bank policymakers, in a unanimous decision, paused monetary easing while noting that inflation remains above their 2% ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
The Federal Reserve kicked off the year in neutral, opting to keep interest rates unchanged at the conclusion of its policy ...
The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate.
Funds for small businesses, including loans and grants, will not be paused, according to the Office of Management and Budget.
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President ...
"They were very purposeful in trying to wreak havoc on our communities and stop these federal dollars from flowing to our states," the governor said.
The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no ...