The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.

Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks ...

The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate ...

Plus: A nonpartisan analysis said millions of Americans could lose Medicaid health insurance coverage under some Republican ...

This has elevated the possibility of stagflation, making the Fed’s path forward even more uncertain.” With the dirham pegged to the US dollar, the UAE Central Bank’s decision to mirror the ...

The base rate applicable to the Overnight Deposit Facility (ODF) stands at 4.40% The Base Rate, which is anchored to the US Federal Reserve ... WAM Dubai: The Central Bank of the UAE (CBUAE ...

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.

The Fed said it will maintain the federal funds rate at its current range of 4.25% to 4.5%, where it's been parked since the central bank last moved to lower short-term rates in December.

President Trump’s longstanding criticism of the Fed Chairman Powell came to a head when the White House confirmed 2 weeks ago ...

Amid the looming threat of recession, the Jerome Powell-led Federal ... by US President Donald Trump on rate cut may also play a role in the May 7 decision. Many at the central bank expect that ...

LONDON (Reuters) -Big central banks are diverging as White House tariffs threaten to raise U.S. inflation and a dash out of the dollar sparks disinflationary currency strength elsewhere.

Washington (AFP) – The US Federal Reserve on Wednesday announced another pause in rate cuts and warned of higher risks to its inflation and unemployment goals in a likely reference to President ...