The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher ...

WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures ...

The Federal Reserve is set to raise interest rates after ... spiking to an average of more than $5 a gallon in the wake of Russia’s invasion of Ukraine early last year, but trackers now suggest ...

US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, DC, on May 7, 2025.

The US Federal Reserve Open Market Committee (FOMC) interest rate decision on May 7 will be a defining moment for risk-on assets, including cryptocurrencies. While the consensus points to no ...

Federal Reserve officials said Wednesday that while ... Yet even as it held rates at their current level of about 5.5%, the Federal Open Market Committee's latest statement included changes ...

U.S. Federal Reserve Chair Jerome Powell said that inflation could still return. U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a ...

Federal Reserve Chairman Jerome Powell will hold a press conference Wednesday afternoon following the conclusion of the Federal Open Market Committee meeting and an expected announcement of a 0. ...