The Fed is holding firm on interest rates as it waits to see the impact of Trump's tariffs. However, some people are already feeling them.

Fed Chair Jerome Powell is engaged in a balancing act: projecting confidence while admitting “we don’t know” what comes next.

U.S. stocks drifted to a mixed finish after the Federal Reserve indicated it may cut interest rates twice this year, though it's far from certain about that.

The Federal Reserve kept its forecast for two rate cuts this year amid Trump's tariffs, which are expected to push up inflation and slow the economy

Inflation has come down a great deal but has been running somewhat above our 2 percent longer-run objective. In support of our goals, today the Federal Open Market Committee decided to leave our policy interest rate unchanged.

The Federal Reserve downgraded its projections for U.S. economic performance this year, along with several primary economic indicators. The U.S. central bank sees lower economic growth, higher