Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

Suffice it to say, this wasn't the most interesting decision of 2025 ... a 17% APR), but it can also lead to higher savings yields (a 5% APY vs. a 2% APY). When the Fed lowers rates, as it did three ...

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

The Fed lowered its key interest rate by a total percentage point at three meetings late last year but held it steady in late January as inflation remained stuck just below 3%. Wednesday’s report on ...

Two senior Federal Reserve officials said Monday that they are in no rush to cut interest rates further given the uncertainty ...

However, there have been times when the Fed did not act independently ... saying the Constitution does not say the president has the “illimitable power of removal.” Despite that ruling ...

The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state ...

That, economists say, is what the Fed has been doing over the past year. Why did the Fed cut interest rates in 2024? The Fed hiked interest rates to a 23-year high of 5.25% to 5.5% to fight a ...