The Federal Reserve is continuing to hold off on cutting interest rates despite pressure from President Donald Trump to lower ...

The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...

Bessent spoke with the network after a key measure of consumer prices posted the biggest increase in July in six months — suggesting inflation is showing upward pressure from tariffs but maybe not ...

The S&P 500 rose 0.6% and was on track to top its all-time high set two weeks ago. The Dow Jones Industrial Average was up ...

That’s because credit is produced, not decreed or managed by central banks. Individuals, banks, and governments borrow money ...

Maximum employment and price stability are the twin priorities — officially called the dual mandate — of the Federal Reserve.

Federal Reserve policymakers didn’t rock the boat on Wednesday, opting yet again to keep interest rates steady as they wait ...

Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...

Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on ...

In an unusual visit to the Federal Reserve, President Donald Trump once again said that interest rate cuts were needed and ...

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto loans.

Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.