If both risks were to materialize, and inflation were to rise at the same time unemployment goes up, that would make it ...

Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.

The Federal Reserve’s interest rate setting committee held rates steady Wednesday at a range of 4.25 percent to 4.5 percent, despite calls from President Trump to lower borrowing costs amid price ...

The Federal Reserve is again leaving its benchmark interest rate at 4.25% to 4.5%, citing rising economic uncertainty.

The rate has stayed above 4% for more than two years as the Fed has aimed to lower inflation by keeping borrowing costs high.

The decision to hold rates steady on Wednesday came after a public campaign by President Trump in recent weeks to urge the Fed and Powell to cut rates as his administration rolls out a series of ...

The Fed's to hold interest rates steady comes amid pressure from Mr. Trump to cut interest rates, with the president writing on social media last month that the central bank has been "TOO LATE AND ...

The Federal Reserve held interest rates steady on Wednesday, just weeks after President Donald Trump intensified calls for lower borrowing costs and voiced eagerness about the potential "termination" ...

If inflation is high, the Fed often maintains a higher benchmark to slow price increases. On the other hand, cutting interest rates can spur economic growth. In a press conference following the ...

The Dow industrials add nearly 300 points, pushed higher by a rally in Disney stock.