The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...
There was no immediate comment from Trump after the Fed’s decision was announced. Stocks generally traded lower after the release of the Fed statement. Powell said the Fed would carefully ...
Steady hiring and a mostly-healthy job market suggest that there is less of an urgent need for the Fed to reduce borrowing ...
Inflation that's "no longer dropping" and employment that's "no longer weakening" give the Federal Reserve less reason to lower interest rates from here, according to Chris Low, chief economist ...
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.