President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...
Headline PCE ticked higher from an annual rate of 2.4% in November to 2.6% last month, while core PCE has been at 2.8% for three consecutive months. FEDERAL RESERVE HOLDS INTEREST RATES STEADY ...
The Federal Reserve kept its thumb squarely on the pause button at this week’s meeting. That’s good news for your bank accounts, since another rate cut would probably mean a lower return on ...
The US Federal Reserve made its first significant decision during President Donald Trump's second term on Wednesday, announcing in a "unanimous" vote that it would maintain the interest rate ...
The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent. The decision comes as the ...
Federal Reserve Chairman Jerome Powell speaks during a news conference after the Federal Open Market Committee meeting, Wednesday, Jan. 29, 2025, at the Federal Reserve in Washington. (AP Photo ...
The decision comes after US Fed chair Jerome Powell-led rate-setting panel last cut rates for three straight meetings after kicking off its policy easing cycle in September 2024 for the first time ...
The Federal Reserve held rates steady Wednesday as stubborn inflation remains above the central bank’s target of 2%. • It’s the first key decision from the central bank under President ...
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to ...
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