U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% ...

Monetary policy in the United States is determined by the Federal Open Market Committee (FOMC), a decisionmaking body that ...

For Logan, inflation data is "first and foremost" in her sights. The Fed's target for inflation is a 2% year-over-year change ...

Wall Street is giving back some of its gains from the week following a mixed set of profit reports from Gap, Ulta Beauty and ...

The Fed hasn't adjusted interest rates this year, and isn't expected to make a move for months. Yet today's highest CD rate ...

President Donald Trump on Thursday met with Federal Reserve Chair Jerome Powell for the first time in his second term, ...

A federal appeals court on Thursday allowed President Donald Trump to continue collecting tariffs under an emergency powers law, for now, as his administration appeals an order striking down the ...

For now, the Fed is standing pat as the institution — and the rest of the country — waits to see ... one way or the other,” Pavlick said of Fed officials.

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

That’s precisely why Fed officials are standing pat at this meeting, but the most economists, in addition to the Fed now, agree there ... implications for the country,” he added.