When the Federal Open Market Committee (FOMC) voted unanimously on May 7 to keep its target range for the federal funds rate unchanged at 4.25%-4.50%, the Committee noted in its ...

Reports that the White House is considering naming Treasury Secretary Scott Bessent as the next chair of the Federal Reserve ...

Fed meeting is a key economic event, with Wall Street keyed into what Fed Chair Powell & Co. have to say about interest rates ...

Trump won't fire Fed Chair Powell, criticizes slow rate cuts, suggests supporting Fed interest rates increase if inflation ...

US President Donald Trump has finally broken his silence on the rumors about firing the Fed Chair Jerome Powell. Trump ...

Live Updates Live Coverage Updates appear automatically as they are published. HSBC Turns Bullish 10:19 am by Gerelyn Terzo A ...

Market participants on Thursday pushed up their expectations for Federal Reserve interest rate cuts this year, following two ...

While Fed rate decisions influence what you earn on savings, the type of bank and account you choose matters more than the ...

If Federal Reserve officials fail to cut interest rates as Donald Trump wants, the president may be ready to deploy a secret weapon — his own "shadow chair" — to help meet his objectives. It would be ...

The government measure of inflation for May ticked up modestly, adding to the signals that the Federal Reserve is unlikely to move on interest rates when it meets next month.

In the current environment, it’s reasonable to expect that the Fed funds rate will fall and unemployment will rise.

Lower inflation than expected in May could encourage officials at the Federal Reserve to lower interest rates sooner than financial markets previously expected.