WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...
What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...
The Federal Reserve on Wednesday kept interest rates unchanged and provided scant insight into when further cuts may take place – sparking a quick rebuke from President Donald Trump. Emerging ...
The Fed has reported consecutive annual losses for the first time ever, with a $114.3 billion loss in 2023 and an estimated $82 billion loss in 2024. The losses stem from the Fed's shift to an ...
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, suggesting inflation may still have some life in it. Central bankers held rates ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. As you’d expect ...
By Colby Smith Reporting from Washington At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S. central bank was embarking on a “new phase” in how ...
Wall Street thought the Fed was done lowering interest rates — at least for now. The Jan. 29 announcement of a "pause" proved the money runners were right. "We're not doing anything," the Fed ...
Trump said last week he would "demand" lower interest rates. The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower ...
The Federal Reserve said Wednesday that it will leave its benchmark rate unchanged, hitting the brakes on lowering borrowing costs for individuals and businesses after a flurry of rate cuts ...
Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he was asked about it during a press conference. Elon Musk, the leader ...
The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.