Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

In a surprising reversal, Bank of America wrote in a report this week that it now expects ... said the Fed might hit the brakes entirely. “We may very well see no rate cuts this year,” he ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," ...

Inflation that's "no longer dropping" and employment that's "no longer weakening" give the Federal Reserve less reason to lower interest rates from here, according to Chris Low, chief economist at ...

But for now, he said, Fed policies and the economy are in a good place and he saw no hurry to adjust interest rates. At the end of December, Powell and his colleagues foresaw two quarter-point ...

Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, ...

A rate pause means there's still time to score a high annual percentage yield, or APY, on a CD. Banks tend to follow the Fed's lead when setting CD rates, so we're likely to see APYs hold steady for ...

8 Federal funds target rate 6 No change 4 RECESSIONS 2 The Fed held interest rates steady ... uncertainty right now is comparatively normal. Powell is asked how he takes into account frothiness ...