WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher ...

The Federal Reserve has decided to keep interest rates unchanged, citing economic uncertainties related to tariffs despite President Donald Trump's calls for a reduction. The Federal Reserve ...

Kate joined Newsweek in May 2024. She is a graduate of Ithaca College. The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...

The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will ...

The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to monitor inflation and the labor market amid elevated levels of ...

Andrew Harnik / Getty Images The Federal Reserve kept the central bank's key interest rate in a range of 4.25% to 4.5%, the same as it's been since December. The Fed has been waiting to see how ...

As expected, the US Federal Reserve has kept its benchmark interest rate unchanged despite pressure from President Donald Trump. Fed chair Jerome Powell warned the risks of higher inflation and ...

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

President Donald Trump is lashing out again at Federal Reserve Chair Jerome Powell after the central bank kept interest rates steady in a May 7 announcement and Powell said he's in "no hurry" to ...

President Trump tore into Federal Reserve Chair Jerome Powell early Thursday, a day after the central bank opted to hold interest rates steady — bucking calls from the president to lower ...