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

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

The Federal Reserve warned that tariffs were raising risks of higher unemployment and higher inflation when officials ...

The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...

Raising or lowering the federal funds rate -- the overnight interest rate between banks -- creates a domino effect. Credit ...

Normally, the Fed raises rates or keeps them high to fight inflation and lowers them to jolt a wobbly economy. But Trump’s import taxes augur both sharply higher prices and weak growth or ...

"The May FOMC statement in effect warns that a large trade shock is still set to hit the economy in spite of ... Trump has pushed the Fed to cut rates as inflation has eased.

Typically, when inflation rises, the Fed raises rates to slow borrowing and spending ... be able to appoint a new chair then. Yet if the economy stumbles in the coming months, Trump could renew ...

Usually, when prices go up too fast (inflation), the Fed raises interest rates to slow price growth and reduce spending by making borrowing more expensive. Then, when the economy shows signs of ...

Normally, the Fed raises rates or keeps them higher for longer to cool a hot economy and bring down inflation. It cuts rates to juice feeble growth or dig the nation out of a slump. The Fed ...