Jerome Powell said the Federal Reserve can wait to see which effect from Trump's tariffs is worse - high inflation or a weak ...

The Federal Reserve warned that tariffs were raising risks of higher unemployment and higher inflation when officials ...

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...

The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...

In a move that many Americans have been anticipating over the last couple months, on Wednesday the Federal Reserve raised interest rates for the first time since December 2018. The Fed ...

Normally, the Fed raises rates or keeps them high to fight inflation and lowers them to jolt a wobbly economy. But Trump’s import taxes augur both sharply higher prices and weak growth or ...

The Commerce Department’s latest reading on gross domestic product showed the U.S. economy contracted in the first quarter ...

Typically, when inflation rises, the Fed raises rates to slow borrowing and spending ... be able to appoint a new chair then. Yet if the economy stumbles in the coming months, Trump could renew ...

Usually, when prices go up too fast (inflation), the Fed raises interest rates to slow price growth and reduce spending by making borrowing more expensive. Then, when the economy shows signs of ...

Normally, the Fed raises rates or keeps them higher for longer to cool a hot economy and bring down inflation. It cuts rates to juice feeble growth or dig the nation out of a slump. The Fed ...

Normally, the Fed raises rates or keeps them higher for longer to cool a hot economy and bring down inflation. It cuts rates to juice feeble growth or dig the nation out of a slump. The Fed ...