The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...

would have cooled further by now. Despite the cautious outlook, Fed Chair Jerome Powell sounded an upbeat note on the state of the U.S. economy, especially relative to how other countries have ...

The Federal Reserve is laser-focused on stemming price ... it’s very bad news for other countries, as the value of the yuan, the yen, the rupee, the euro and the pound tumble, making it more ...

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...

The Fed has now trimmed rates by 1 percentage point ... "Again, the U.S. economy has just been remarkable," while other countries have contended with slow growth and "struggles with inflation." ...

President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, scolding him for not lowering borrowing costs. Powell maintained that any ...

Federal Reserve Chair Jerome Powell had a one-word ... makeup and inclinations of Congress and trade negotiations with other countries. Trump appointed Powell as chair in 2018, then later demanded ...

In December, after the Federal Reserve signaled a more cautious approach to interest rates, the stock market had one of its worst days all year. The central bank has now done as expected—it left ...

“Of course, as a human, you care about the pain other countries are ... s central bank and now an economist at the University of Chicago, has in the past pushed the Fed to take foreign ...

McBride added: "Consumers, businesses, & the Fed are bracing for higher prices in the months ahead." Trump slapped 145% tariffs on imports from China, and most other countries face a 10% baseline ...

The Fed's rate policies affect the costs of mortgages, auto loans, credit card rates and other forms of consumer ... something that Powell stressed on Wednesday. "Now we have today's inflation ...