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The inflation-fighters at the Federal Reserve are expected to keep their key interest rate unchanged Wednesday for the fourth straight time.
"Recent Fed commentary has reinforced a wait-and-see approach, with officials signaling little urgency to adjust policy amid ...
Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.
The Fed is expected to hold rates steady as it continues to observe the effects of President Donald Trump's tariffs.
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, set in ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
The Federal Reserve is expected to leave interest rates unchanged Wednesday, but also should provide important economic data ...
Defense Secretary Pete Hegseth is returning to Capitol Hill on Wednesday for another potentially combative hearing before the Senate Armed Services Committee as airstrikes between Iran and Israel thre ...
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, ...
U.S. stocks are drifting higher on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates.
The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Fed Chair Jerome Powell is expected to speak at 2:30 p.m. Follow along for live updates on the Dow, ...
Trump spoke to reporters on Wednesday as a flag pole was installed on the South Lawn of the White House, where he ripped Federal Reserve Chairman Jerome Powell ahead of the Fed’s meeting on Wednesday.