Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
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 ...
Federal Reserve keeps interest rates unchanged to maintain sustainable growth and control inflation, plans to gradually ...
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 ...
Consumers are holding their breath hoping for a repo rate cut soon, but it seems that it will stay higher for longer.
WASHINGTON--The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it plans to lower it anytime soon following a resurgence of inflation early this year.
The United States kept interest rates unchanged, given “a lack of further progress” toward lowering inflation. This means the Fed rate at 5,25% and 5,5% is at the highest level in more than ...
Federal Reserve officials on May 1 held interest rates steady days after a key inflation gauge showed a higher-than-expected increase. The Federal Open Market Committee kept the federal funds ...
The Federal Reserve on Wednesday held interest rates steady for the sixth straight time after a string of disappointing inflation readings dimmed the odds of cuts later this year. The widely ...
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 ...
Inflation cooled down in April after a hotter-than-expected start to the year, boosting bets that the Federal Reserve will ...