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 ...

Wednesday rose by +0.25%. The dollar rose moderately on Wednesday after the FOMC kept interest rates unchanged as expected.

Follow live coverage of the FOMC's March interest-rate announcement and Fed Chairman Jerome Powell's press conference.

While Fed officials held rates steady, they cut their forecasts for economic growth and lifted estimates for inflation in ...

CD rates are starting to decline. In November 2024, the Federal Open Market Committee (FOMC) cut the federal funds rate by 25 basis points to a range of 4.50% to 4.75%. This move followed a 50 ...

Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.

Federal Reserve keeps rates on hold with the policy rate between 4.25 per cent and 4.5 per cent, while repeating its message ...

The Federal Reserve holds rates steady while easing tightening pace; economic outlook adjusts with higher inflation. Click ...

Federal Reserve Chair Jerome Powell makes clear that inflation is expected to rise as a result of the Trump administration's ...

Federal Reserve policymakers will be meeting this week to discuss the next move on interest rates as President Trump’s ...

If market pricing is correct, there’s virtually no chance central bank policymakers budge from the current level of their key ...