Rather, the Federal Reserve increases the federal funds rate to combat inflation. And because interest rates ... When the prime rate goes up, you can expect CD rates to rise.

Ivanna Hampton: Fed Chair Jerome Powell says high uncertainty is behind the move to keep interest rates where they ... but slow enough to reduce inflation further and soften up labor markets ...

The path ahead for tariffs is still a wild card for the Fed with respect to inflation’s path. The market continues to ...

President Donald Trump can't wait for Federal Reserve chairman Jerome Powell's "termination," after Chicago speech. Here's ...

Treasury yields soared on Friday, extending a weeklong run-up that has defied expectations and threatened the Treasury market ...

“There are high hopes that interest rates will be cut next month. However, economists are warning that inflation could shoot back up later this year, which might make the Monetary Policy ...

Trump ramped up calls for the Fed to cut interest ... the Fed's latest policy decision to leave interest rates unchanged, as officials eye higher inflation and lower growth in 2025.

The Federal Reserve left interest rates ... reheat inflation. Fed Chair Jerome Powell said “progress is probably delayed for the time being” on inflation as figures start to tick up.

Borrowing costs had been widely expected to be left unchanged with inflation, predicted to go up in the coming months.