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The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
U.S. President Donald Trump again criticised Federal Reserve Chairman Jerome Powell on Thursday, a day after the U.S. central ...
President Donald Trump imposed a 50% tariff on copper imports beginning Friday.
Chair Jerome Powell’s refusal to signal imminent cuts sent markets tumbling—and cast serious doubt on whether policymakers ...
The central bank has defied Trump’s public criticism for months. The Fed has held interest rates steady for seven consecutive ...
For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates ...
The Federal Reserve's preferred inflation measure, the PCE, or personal-consumption expenditures price index, for June is due ...
White House National Economic Council Director Kevin Hassett joins ‘America Reports’ to break down the latest GDP numbers and ...
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