News

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...
Live updates: Powell says tariff uncertainty looms as Fed holds rates
Secretary of the Treasury Scott Bessent returns to Capitol Hill on Wednesday, to testify in the House for a second day. His ...
What to know about the Fed’s decision.
The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...
Federal Reserve Warns Against Stagflation. What Is It and Who Is at Risk?
The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and ...
Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment
Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open ...
Fed holds rates, sees risk of higher inflation and unemployment
Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of ...
Federal Reserve faces tough balancing act between fighting inflation and spurring economic growth
The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually ...
As investors await first Fed decision since ‘liberation day’ tariffs, China is a ‘fulcrum’ in markets
On Wednesday, the Fed will conclude its first policy meeting since President Donald Trump rocked markets with his “liberation ...