Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its ...

Jerome with clients Bronx Pro Group and Service for the Underserved (S:US). The brick building offers low-income and ...

Fed Chair Jerome Powell said “we do not need to be in a hurry to adjust our policy stance” and monetary policy is “well ...

Powell said the Fed is awaiting to see what policies are enacted by the newly inaugurated Donald Trump administration.

The Fed is expected to keep rates at 4.25 as its first 2025 policy meeting ends, with no cuts likely before May.

Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.