In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...

When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...

President Trump joked that he should appoint himself Fed chair — but Jerome Powell showed him who is really in charge of ...

Fed officials and economists broadly expect the president’s expanded use of tariffs—most of which are the subject of ...

The Federal Reserve kept interbank interest rates at a range of 4.25 to 4.5 percent on Wednesday amid trade policy ...

The Federal Reserve sets the benchmark interest rate for all other borrowing rates in the U.S. economy. This is known as the ...

The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year ...

The Federal Reserve’s current strategy is “the best thing we can do for the housing market,” Fed Chair Jerome Powell told reporters on June 18.

The federal-funds rate has been maintained in the target range of 4.25%-4.50% since it was cut by 1 percentage point from ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...