Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
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 gauge where inflation is headed and what policies President Donald Trump may pursue.
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
The Fed ignores Trump’s calls to cut rates
Big Tech earnings season is in full swing, the US Federal Reserve held interest rates steady despite pressure from President Donald Trump, and Syria’s new government pressed Moscow about reparations.
Federal Reserve keeps interest rates unchanged, defies Trump
The Federal Reserve on Wednesday kept interest rates unchanged, bypassing a trend of dropping cuts and bucking President Donald Trump's wishes amid uncertain economic times,
Monetary policy is a sideshow now
Fiscal policy and monetary policy are always vying for top spot on the market’s list of concerns. For now, there is little to ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well as food. However, a closely watched measurement of underlying inflation ...
Trump’s victory could be disinflationary (eventually)
After experience of Biden administration, fighting price rises likely to be political priority over targeting economic growth ...
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target.