The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

Federal Reserve Chair Jerome Powell begins two days of hearings on Capitol Hill on Tuesday with the economy around full ...

WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower ...

With the two-day policy meeting set to conclude on Wednesday, January 29, US Federal Reserve Chairman Jerome Powell will ...

Federal Reserve Chair Jerome Powell will sit before the Senate Banking Committee on Tuesday morning to testify on the agency’s monetary policy. The hearing comes as interest rates were held ...

Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for ...

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

By holding rates steady at 4.25% to 4.5%, the Fed may be setting the stage for a prolonged wait-and-see approach—monitoring inflation’s trajectory and awaiting clarity on Trump’s trade and immigration ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.

President Trump has called for an immediate interest rate cut, but the Federal Reserve may delay further cuts due to ...