The 99% chance the U.S. Federal Reserve was going to hold interest rates steady as recession fears rose became a certainty.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
President Donald Trump urged the Federal Reserve Board to "do the right thing" and give him the lower interest rates he'd ...
As widely expected, the Federal Reserve held its key interest rate steady. Officials are waiting for the economy to send ...
The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid persistent inflation and uncertainty about the economy.
President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest rates, hours after it chose to leave borrowing rates unchanged. The move marked the ...
Interest expenses outpaced interest income for the second straight year, though the losses were smaller than the previous ...
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.
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