Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...

The Fed faces complex decisions as it decides how quickly to cut rates or whether to raise them amid Trump's tariffs and ...

The central bank remains focused on its 2% inflation target and many officials prefer to observe how Trump’s tariffs and ...

Earn up to 4.50%. Today’s highest CD rate of 4.50% is offered by Quontic Bank on its 3-month CD. There are other banks ...

Stronger-than-expected inflation and labor market data into the end of 2024 led to the US Federal Reserve's decision to pause ...

Along with inflation, the Fed is also weighing employment data. If the job market remains robust by official standards, ...

Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the ...

Four months after the Fed cut rates, inflationary pressures appear to be building in the US. The lesson is unlikely to be lost on the Reserve Bank as it prepares to make its rates decision next week.

The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With our policy stance now significantly less restrictive than it had been and ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.