The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will be on hold.

"In the not-too distant future," the New York Fed "will start implementing daily morning SRF operations that will also be ...

Goodbye to the Penny! Treasury Department announces plan to phase out the coin - The U.S. mint made its final order of penny ...

Inefficency in the name of efficiency,' according to one federal employee who was fired, rehired and may be fired again.

NEW YORK--New York Fed President John Williams said the Federal Reserve's monetary policy stance is still in the right place amid an uncertain economic outlook, and that it might take months until ...

Fed Chair Jerome Powell issued a big warning on the US economy, saying that longer-term interest rates are likely to rise amid an evolving economy and shifting policies. Speaking at a policy ...

As the chart below shows, the likelihood of a reduction in interest rate, as measured by the 30-day Fed Funds futures, is now at 20.2%. This is up from the 17.4% after the last meeting.

The Fed is still sitting pat on interest rates, and it's unclear what's in store for the rest of 2025. That means you still ...

As expected, the Fed left interest rates unchanged yesterday ... Powell also stressed in the press conference that they now need to pay attention to both variables, unlike in previous years.

For now, the Fed is standing pat as the institution — and the rest of the country — waits to see how tariffs feed into the economy. “There are cases in which it would be appropriate for us ...

Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.