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 ...

Defense Department employees returned to work at an Army base in the Midwest only to find their offices were not mission-ready. Overflowing parking lots force them to scramble in ever-widening ...

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 ...

President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off ...

The Federal Reserve held the line on Wednesday on its benchmark interest rates, a move that indicates that the central bank is opting for a cautious approach as concerns grow around the impact of ...

Quanto à possibilidade de uma recessão, Powell admitiu que o risco aumentou, mas que continua baixo. A Reserva Federal decidiu hoje voltar a manter os juros, citando o aumento da "incerteza" em torno ...

Trump's comments came hours after the Fed opted to hold interest rates steady. President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest ...

Retaliatory tariffs are coming from the United States on April 2. Trump criticized Powell and the Federal Reserve in a post to Truth Social on Wednesday night. 'The Fed would be MUCH better ...