The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring the Consumer Price Index (CPI) increases by around 2% per year. Second, the ...

As widely expected, the Federal Reserve held its key interest rate steady. Officials are waiting for the economy to send ...

Two months into the second Trump administration, the Fed decided to keep the policy interest rate unchanged. That stance will ...

President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. The move marked the ...

Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Lowering interest rates to soften the negative shock risks embedding higher inflation into the economy.

The Federal Open Market Committee did not cut rates this month, as it waits to see how President Donald Trump's tariffs play ...

There was no surprise on Wednesday as the central bank chose to leave the federal funds rate unchanged at a range of 4.25% to 4.5%.

To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month ...

The Fed's own economic projections call for the unemployment rate to rise to 4.4% by the end of 2025, up from 4.1% in February but relatively low by historical ... The Federal Reserve's Interest ...