Federal Reserve Bank of Cleveland President Beth Hammack said US financial markets are functioning well despite a recent bout ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain ...

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult spot, Fed policymakers said in minutes from last month’s meeting ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal. As tariffs work their way into ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, May 6, and Wednesday, May 7, 2025. At the end of its Federal Open Market Committee session on March 19 ...

The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...

The Federal Reserve is the central bank of the United States, but many people are unclear about what it actually does. While the Federal Reserve isn’t a bank in the sense that you or I could ...