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

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its ...

"We've judged that the risk to higher inflation and unemployment has risen" since March, when the Fed last met, Powell said. But, he added, "We can't say which way this will shake out." Because of the ...

The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...

The Fed operates with a dual mandate of keeping the labor market healthy while maintaining stable prices. At the moment, the ...

The central bank stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation ...

The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% – exactly as interest-rate traders' bets had predicted a month ago. The traders' bets are now predicting there's ...

“Let’s say that unemployment ... But some economists argue the Fed would be quicker to respond to any signs of a weakening job market, just as it did last year when it delivered a bold half ...

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs ...

"I don't think we can say which way this will shake out," Powell said. Stocks closed higher after the Fed's announcement ... that is going to happen. "We did not believe that, and the ...