The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve meets for the first time since recent high inflation reports dampened hopes it would cut interest rates ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected. By Jeanna Smialek and Ben Casselman Jeanna Smialek reported from Washington, and Ben ...
The Federal Reserve Chairman on Tuesday said "it may take longer than expected" for inflation to get under wraps as he gave ...
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 ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...