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 been identified as a level that allows consumers and businesses alike to make plans.

Federal Reserve governor Christopher Waller made his strongest call yet for a rate cut in July as he again argued that any inflation from tariffs would be temporary, underscoring a new divide within the central bank.

Federal Reserve Governor hinted that he would dissent if his colleagues vote to hold interest rates steady at their July meeting.

Federal Reserve governor Adriana Kugler said the Fed should hold interest rates steady for a while to come, because new trade barriers are likely to spark more inflation in the months ahead. Speaking at a housing conference in Washington,

The Federal Reserve is in focus after reports on Wednesday said that President Trump would soon fire Fed Chair Jerome Powell. The president later denied the reports, saying it's "unlikely" he'll fire Powell but noted that ongoing renovations at the Fed building could be a misuse of funds.

The U.S. central bank will probably need to leave interest rates where they are for a while longer to ensure inflation stays low in the face of upward pressure from the Trump administration's tariffs,

If you're thinking about tapping your home's equity, make sure you understand what could happen with rates soon.

Your mortgage dreams just got more expensive as the Fed holds rates steady through summer. Credit card debt remains costly while savings accounts get a temporary reprieve from declining yields.