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 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 ...

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 ...

The Fed may hold off on cutting rates until its May 7 meeting, according to economists polled by financial-data firm FactSet. That means the central bank is expected to hold rates steady at its ...

Mortgage rates remain high, leaving homebuyers weighing whether to act now or wait for potential relief. Melissa Cohn, ...

The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.

The Federal Reserve is in focus after reports on Wednesday said that President Trump would soon fire Fed Chair Jerome Powell.

President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.

For the record, the Fed's Federal Open Market Committee (FOMC) left the short-term federal funds rate steady at 5.25% to 5.5% when it wrapped up its regularly scheduled two-day policy meeting on ...

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.

Federal Reserve officials held the benchmark interest rate steady at the current 5.25% to 5.5% target range today as they seek to ease inflation and avoid a recession. At the Sept. 20 conclusion ...

Fed Holds Interest Rates Steady For Second Meeting In A Row—As Rate Hikes Weigh On Markets. ByDerek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.