Recall that the fed-funds rate is under the direct control of the Federal Reserve, allowing the Fed to control short-term risk-free interest rates. Longer-run interest rates are influenced by the ...

Despite El Salvador’s Bitcoin experiment, Hayes doubts any major economy will make Bitcoin its primary reserve asset. “It doesn’t make any sense for a government to ditch the privilege of issuing its ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Signs that investors in the US bond market are baking in higher inflation would be a “major red flag” that could upend policymakers’ plans to cut interest rates, a top Federal Reserve ...

Fed Chair Jerome Powell may have surprised investors with some of his comments at the press conference following the Fed's March meeting. When discussing how Trump's tariffs will impact inflation ...

That caution, while understandable given the questions hanging over the economy, could itself pose risks — namely, that the Federal Open Market Committee, the central bank's rate-setting panel ...

The Federal Reserve left interest rates unchanged at its March meeting, shortly after President Donald Trump made it known he prefers a different strategy. "The Fed would be MUCH better off ...

Federal Reserve Chair Jerome Powell acknowledged this week that such a situation would pose a challenge for the Fed. The Federal Reserve has a playbook for fighting inflation, and another for ...

Ewan Palmer is a Newsweek News Reporter based in London, U.K. His focus is reporting on US politics, and Florida news. He joined Newsweek in February 2018 after spending several years working at ...

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to ‘wait for further clarity.’ Photo: Roberto Schmidt ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...