The US Federal Reserve held interest rates steady for a fourth consecutive meeting Wednesday, forecasting higher inflation ...

Donald Trump said, ahead of the Federal Open Market Committee’s (FOMC) policy announcement, “We have a stupid person at the ...

While the median expectation for two rate cuts in 2025 didn’t change, a number of officials lowered their projections. Seven officials now foresee no rate cuts this year, compared with four in March.

Jerome Powell-led FOMC keeps its key interest rates unchanged at 4.25%-4.50% for the fourth time in a row, in line with the market expectations.

Analysts say investors were spooked by the Israel-Iran conflict, which has seen counters where foreigners dominate trading ...

President Donald Trump called Federal Reserve Chair Jerome Powell “stupid” and criticized his refusal to cut interest rates, ...