Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s ...

WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key ...

Interest rates are going to stay course as of now. Several economists told Channel 13 it will take a change in unemployment ...

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...

The article Weekly Mortgage Rates Continue to Fall as the Fed Debates Timing originally appeared on NerdWallet.

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...

The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that ...

Donald Trump’s tariffs have opened a schism at the Federal Reserve as top policymakers spar over whether to cut interest rates as soon as this summer or hold them steady for the remainder of 2025.

Although Powell chairs the central bank, interest-rate decisions are set jointly by the Federal Open Market Committee, a 12-member panel of Fed officials.

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

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

President Donald Trump has pushed for the Federal Reserve to lower interest rates by “a full point” in order to juice the economy as inflation hovers close to its target level. But Fed Chair Jerome ...