The Federal Reserve is tasked with creating a monetary policy that encourages price stability and maximizes employment. As a result, it attempts to keep inflation at around 2% a year because that has ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in March. Two additional quarter-point cuts will be made in 2026, as well as ...

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 ...

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support ...

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

The Federal Reserve decided to hold interest rates steady today, but that doesn't mean the Fed's battle against inflation is over. Fed policymakers signaled that there could be one more rate hike ...

The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting too much weight on that view.

The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also ...

With the Fed's benchmark holding steady, the average rate on a five-year new car loan was 7.3% in May, near a record high, while the average auto loan rate for used cars was 11%, according to Edmunds.

The Federal Reserve held interest rates steady Wednesday between 4.25% and 4.5% ... to pay for goods made more expensive by those tariffs. The Fed tries to hold inflation steady at about 2% each year ...