The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.

It comes as UK inflation fell last month from 3.5% to 3.4%, but remains above the BoE’s 2% target, which could push higher if ...

Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...

The Federal Reserve held its key interest rate steady for the fourth time this year on Wednesday, leaving its benchmark ...

Experts said the Fed may wait for meaningful signs of weakness in the labor market before acting, which implies that the next ...

NEW YORK - The US Federal Reserve on Wednesday left the target range for the federal funds rates unchanged at 4.25 percent to ...

Federal Reserve Chair Jerome Powell said the changes could touch the central bank's quarterly economic forecasts. He also discussed downsizing at the Fed and his tenure on the Board of Governors.

Officials are waiting to see if businesses manage higher costs from tariffs by trimming profits or pushing up prices.

After a two-day meeting in Washington, D.C., the Fed announced it would hold its rate target at 4.25% to 4.50% — despite pressure from Trump for rate cuts.

In an updated forecast, Fed officials now see core PCE inflation jumping to 3.1% by the end of the year from the current 2.5% ...

Policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned ...

Wall Street on Wednesday erased its modest gains and seesawed on both sides of the flat line, after Federal Reserve chair ...