The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to cut interest rates until it has "greater confidence" that ...
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects ...
May 1 (UPI) --The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank's 2% threshold. The Federal ...
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The softer inflation figure for April gives the Fed “a tad bit of breathing room” to potentially cut rates as early as ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls ...
The United States kept interest rates unchanged, given “a lack of further progress” toward lowering inflation. This means the Fed rate at 5,25% and 5,5% is at the highest level in more than ...
The president of the Minneapolis Fed said it isn’t clear how much downward pressure monetary policy is putting on the economy ...