US Fed chair Jerome Powell-led rate-setting panel projected two quarter-percentage-point rate cuts by the end of this year. “The committee would be prepared to adjust the stance of the monetary ...

Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday. transcript The Trump administration’s tariffs most likely mean “further progress may be ...

Under a currency peg known as the Linked Exchange Rate System, Hong Kong’s monetary policy has moved in lockstep with Fed policy since 1983. “Interest rates in Hong Kong might still remain at ...

Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis. The Federal Reserve held its influential fed funds rate this afternoon, as widely expected.

Fed Chair Jerome Powell had previously avoided commenting on Trump’s tariff threats and other sweeping moves, but those policies are increasingly shaping prospects for the economy this year.

The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing costs by half a percentage point by ...

Although Trump recently slapped tariffs on many imports and unveiled plans for more aggressive duties in two weeks, the Fed’s decision underscores that it’s taking a wait-and-see approach as ...

Federal Reserve Chair Jerome Powell held a press conference Wednesday afternoon to discuss the Fed’s latest decision on interest rates. The Fed was expected to keep interest rates steady amid ...

What made those decisions relatively straightforward was the fact that the Fed’s goals of achieving low and stable inflation and a healthy labor market were not in conflict with each other.

The Fed’s overnight interest rate has now remained unchanged at a range of 4.25% to 4.5% since mid-December, after the central bank made no move at its meeting in January or on Wednesday.

Fed officials now see inflation staying higher this year than previously estimated and economic growth going lower than prior predictions. Policymakers estimate that the core Personal Consumption ...

Don’t expect the Federal Reserve to provide it. With the Fed expected to hold its key interest rate steady at the end of a two-day meeting Wednesday, the drama will center on the number of rate ...