The Federal Reserve opted to keep interest rates steady ... With no change in interest rates for now, WFC will likely face extended periods of elevated funding costs. As economic growth is ...

Another Fed meeting has passed without a change in interest rates, and the president is once again displeased. After the US central bank and Fed Chair Jerome Powell opted to keep the benchmark ...

The Bank of England cut its key interest rate, a day after the Federal Reserve opted to keep rates on hold, highlighting the growing divergence between the U.S. central bank and its global peers ...

As expected, the Fed left interest rates unchanged yesterday ... Powell also stressed in the press conference that they now need to pay attention to both variables, unlike in previous years.

But Trump’s rapid upending of global trade has pushed the Fed and its leader into a difficult position, in which they feel a wait-and-see approach may be their best strategy for now.

For now, the Fed is standing pat as the institution — and the rest of the country — waits to see how tariffs feed into the economy. “There are cases in which it would be appropriate for us ...

in addition to the Fed now, agree there’s a real risk of stagflation. Powell refused to directly answer questions related to Trump or his recent attacks. Stagflation bedeviled the Fed in the ...

The Federal Reserve's policy committee gathers this week amid an economy that has lost the spring in its step. After a brisk start to the year, growth is wobbling as businesses and investors hold ...

The recent recovery rally in equities has made them pricey once again, leaving little room for error when the Federal Reserve provides a monetary policy update ...

Washington (CNN) — The Federal Reserve said Wednesday it will hold interest rates steady as the US economy begins to show the effects of President Donald Trump’s haphazard trade war.