If the Federal Reserve cuts its benchmark rate this year, it will push savings and CD rates lower. Here's what the central ...
The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring the Consumer Price Index (CPI) increases by around 2% per year. Second, the ...
The Federal Reserve concluded its second meeting of the year by keeping ... of future interest rate moves. The tool is ...
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
The central bank penciled in two rate cuts for 2025, but President Trump’s sweeping agenda has injected “remarkably high” ...
The Fed signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly elevated.
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...