WASHINGTON (AP) — Federal Reserve Chair Jerome Powell defended the central bank’s response to the COVID-19 pandemic Sunday in ...

Two Federal Reserve District presidents discussed the importance of community banks and what the Fed and other federal ...

If increased tariffs continue, they could disrupt the progress on bringing down inflation, Federal Reserve Vice Chair Philip ...

Fed Vice Chair Philip Jefferson cautioned that higher tariffs could impede the U.S. central bank's progress on bringing ...

On Wednesday, the Federal Reserve’s Federal Open Market Committee left the target federal funds rate ... Moreover, even the Fed’s own April Beige Book makes a very unusual admission, noting in its ...

The US Federal Reserve's FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic ...

The decision came at the close of the Federal Open Market Committee's meeting. Policymakers held the federal funds rate steady at a target range of 4.25 percent to 4.5 percent, where it has ...

The Federal Open Market Committee (FOMC), which guides the central bank's monetary policy moves, noted in its announcement that "[u]ncertainty around the economic outlook has increased further ...

On Wednesday, Fed Chair Jerome Powell will have to come up with a few more. The Federal Open Market Committee is broadly expected to hold its benchmark interest rate steady between 4.25% and 4.5%. But ...

WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that ...