Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.

Stocks remained higher as Wednesday afternoon trading got under way, with investors focused on the possibility that the U.S. can avoid direct involvement in the Israel-Iran war. Meanwhile, Federal Res ...

The Fed is expected to hold rates steady as it continues to observe the effects of President Donald Trump's tariffs.

The Fed will issue its policy statement at 2 p.m. Eastern time, along with new economic projections and estimates for where ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

Wall Street has posted some modest gains on Wednesday as investors position themselves ahead of the Federal Reserve’s ...

The Federal Reserve is expected to leave interest rates unchanged Wednesday, but also should provide important economic data ...

Wall Street sees zero chance of a rate cut, so the immediate S&P 500 reaction will likely be dictated by whether or not ...

Defense Secretary Pete Hegseth is returning to Capitol Hill on Wednesday for another potentially combative hearing before the Senate Armed Services Committee as airstrikes between Iran and Israel thre ...

U.S. stocks are drifting higher on Wednesday as Wall Street waits to hear where the Federal Reserve may be taking interest rates.

The Federal Reserve is expected to keep interest rates on hold while inflation continues to cool. Fed Chair Jerome Powell is expected to speak at 2:30 p.m. Follow along for live updates on the Dow, ...

Trump spoke to reporters on Wednesday as a flag pole was installed on the South Lawn of the White House, where he ripped Federal Reserve Chairman Jerome Powell ahead of the Fed’s meeting on Wednesday.