The Fed’s benchmark overnight interest rate, as expected, was held steady on Wednesday in the 5.25%-5.50% range where it has ...
Since August last year, the Fed has paused the federal funds rate at a target range of 5.25% to 5.5%. After 11 interest rate ...
The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to cut interest rates until it has "greater confidence" that price ...
The Fed wants to find the just-right rate for controlling inflation while promoting economic growth. It's a moving target.
May 1 (UPI) --The Federal Reserve Wednesday voted to keep interest rates unchanged, in line with expectations as inflation remains above the central bank's 2% threshold. The Federal reserve's ...
The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up.
Elevated prices and interest rates have led to a spending slowdown that is likely to worsen over the next few months, write ...
Canada and the European Union have both lowered their lending rates, but the U.S. has yet to take the step as inflation ...
The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central ...
The Federal Reserve pressed pause on interest rate hikes, keeping the federal funds rate at 5.25%-5.5%. Learn why the Fed's ...
WASHINGTON: The US Federal Reserve is expected to keep interest rates unchanged on Wednesday amid tepid inflation and recent weak economic data, but could signal an increased likelihood of a hike ...
An eagle tops the US Federal Reserve building's facade in Washington, July 31, 2013. [Photo/Agencies] WASHINGTON -- The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year ...