While announcing the American central bank's decision, Federal Reserve Chair Jerome Powell said that he expects 'meaningful inflation' ahead, as consumers pay more for goods due to the massive tariffs ...

President Donald Trump has been highly critical of Jerome Powell, chastising him for not cutting interest rates and making ...

The Federal Reserve kept benchmark interest rates steady on Wednesday, defying President Trump’ s call for a large cut to juice the economy. The Fed is on track for two rate cuts later in the year, ...

Fed Chair Jerome Powell cited the central bank's uncertainty over the impact of the Trump administration's tariffs as a key reason the Fed hasn't reduced rates.

A 100 MW wind farm project in Mullikulam in Sri Lanka's Mannar district has got initial interest from around nine investors, ...

The US Federal Reserve kept policy rates unchanged at 4.25-4.50 percent, saying economic activity was solid, unemployment was ...

There are a lot of unknowns about the outlook for the economy and interest rates, but Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices ...

In support of our goals, today the Federal Open Market Committee decided to leave our policy interest rate unchanged. We ...

Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year.

Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.

Wall Street stocks treaded water Wednesday after the Federal Reserve met expectations and kept interest rates steady while ...

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