The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.
The Federal Reserve decided to leave interest rates alone at its final meeting of the year but signaled that it’s officially finished raising interest rates in its historic inflation fight ...
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.
Opinions expressed by Forbes Contributors are their own. I show you how to save and invest. Fixed income markets expect the U.S. Federal Reserve to hold rates steady at the conclusion of its next ...
The Federal Reserve made the widely expected move of leaving interest rates unchanged when it wrapped up its regularly scheduled two-day policy meeting on Wednesday. If there was any sort of ...
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 ...
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or ...
The Fed cited elevated short-term inflation risks, and they’re maintaining their cautious stance, which means, interest rates ...
The Australian Dollar (AUD/USD) dipped to 0.6600 from 0.6620 after the RBA kept the cash rate unchanged at 4.35%. While the move was widely expected, a firmer Greenback weighed on the Aussie Battler.
Interest rates are what central banks charge to their domestic banks to borrow money. Although central banks also use rates as a tool to stabilize the economy. Lower rates are meant to provide ...