Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and...

President Trump and Jerome Powell are embroiled in another feud, with Trump accusing the Fed chairman of triggering and failing to fix the inflation...

Higher inflation readings reported on Wednesday left Federal Reserve officials telling U.S. lawmakers, business executives and the public that they...

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead the central bank to change...

US inflation showed scant signs of downward momentum at the start of the year, while healthy job growth undergirded the economy, backing the Federal...

WASHINGTON (AP) — Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal...

WASHINGTON (AP) — Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair...

WASHINGTON (AP) — The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market...

By Ryan McMaken At its September 2024 meeting, the Fed’s FOMC cut the target federal funds rate by a historically large 50 basis points and then...