The Federal Reserve got it wrong again. By refusing to cut rates yesterday, the Fed showed that it is still fighting yesterday’s inflation while...

All but one of the 12 voting members of the US Federal Reserve has voted to keep rates at a range of 3.5 to 3.75 per cent.

The US Federal Reserve keeps rates steady at 3.5–3.75 percent amidst a cooling labour market and Iran pressures.

The US Federal Reserve keeps rates steady at 3.5–3.75 percent amidst a cooling labour market and Iran pressures.

JPM, BAC, C, WFC & KEY slide as the Fed holds rates at 3.5-3.75% and flags higher inflation, signaling a tough near-term outlook for banks' financial...

JPM, BAC, C, WFC & KEY slide as the Fed holds rates at 3.5-3.75% and flags higher inflation, signaling a tough near-term outlook for banks' financial...

US Federal Reserve has guided for a single interest rate cut in 2026 as officials took stock of economic impact of Iran war on US economy.

US Federal Reserve has guided for a single interest rate cut in 2026 as officials took stock of economic impact of Iran war on US economy.

By Frank Ulom The Federal Reserve faces a classic supply-side challenge from the oil surge, which risks pushing core PCE inflation back toward 3%...