US Fed also faces a trade-off as keeping rates high could cause a more severe slump in the economy while lowering rates could ...

President Donald Trump’s volatile trade war threatens both higher inflation and rising unemployment, forcing the Federal Reserve to make the difficult choice of addressing just one of those problems ...

Fed Chair Jerome Powell said the current stance of monetary policy gives the Fed flexibility to respond quickly to changing economic conditions ...

Fed warns of growing economic uncertainty, Trump flags first trade deal, White House to revamp AI chip export curbs, and more ...

The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since ...

These are today's mortgage and refinance rates. Mortgage rates dropped slightly after the Fed wrapped up its May meeting on ...

Back in 2019, Powell noted the economy showed some signs of weakening and, with inflation running below the Fed's 2% target, ...

It seems like Powell is haunted by past mistakes. After being slow to respond in 2021 — when he infamously called inflation “transitory” — he’s almost certainly trying to avoid another overcorrection.

Powell said Fed can wait too see which effect from Trump's tariffs is worse - high inflation or a weak economy. Will it wait too long to cut rates?

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower ...

The US Federal Reserve decided to keep key interest rates unchanged at 4.25 per cent – 4.5 per cent on May 07, even as US ...