Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
The Federal Reserve is widely expected to hold its key interest rate steady on Wednesday as officials wait for more data that indicates inflation is cooling.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal paused rate cuts after its first meeting of the year — here’s what that means for your credit card, mortgage rate, auto loan and savings account.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty over inflation and economic conditions.
The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy and the labor market gains a little steam. Patrick Rehkamp, a senior financial writer from 1834,
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7%.
The personal consumption expenditures price index for December was expected to show a 2.6% increase on an annual basis