The Federal Reserve took a wait-and-see approach to an uncertain US economy Wednesday, opting to leave interest rates unchanged at the close of its March meeting. That decision leaves the ...

WASHINGTON – The Federal Reserve held interest rates steady Wednesday and kept its forecast for two cuts in 2025 as officials struggled to respond to the double-barreled threats spawned by Presi ...

The Federal Reserve board’s forecast for the economy is running smack into President Donald Trump’s agenda. Fed Chair Jerome Powell had previously avoided commenting on Trump’s tariff ...

So did the Fed, noting in its policy statement Wednesday that it expects weaker growth and higher inflation than previously assumed. However, it also noted “high uncertainty” surrounding the ...

The Federal Reserve left interest rates unchanged as it warned of faltering economic growth and higher inflation this year. Keeping interest rates in the target 4.3% range, central bankers on ...

(Reuters) -The Federal Reserve appears to be on the threshold of ending a historic streak of losses, which in turn could get it back on track to returning cash to the Treasury somewhere down the ...

WASHINGTON, March 19 (Reuters) - The Federal Reserve said on Wednesday that starting next month it will slow the pace of its balance sheet drawdown amid an ongoing impasse over lifting the ...

The bank argued there’s a “breakeven rate” where Fed income meets its expenses that is derived from the average interest payment it gets from bonds it holds divided by its interest ...