Economists have warned that Trump's tariffs will raise prices, something that will require interest rates to stay elevated.

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.

The answer will come in the form of the "dot plot," a chart updated quarterly that shows each Fed official's prediction about ...

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 Federal Reserve's interest-rate decision is due at 2 p.m. ET. Chair Jerome Powell will hold a news conference at 2:30 p.m. You can watch it live here: ...

The average rate on a 30-year U.S. mortgage eased for the third week in a row, a welcome trend for prospective homebuyers at ...

The Federal Reserve is likely to continue waiting for more clarity on the effects of tariffs, taxes and other policies before ...

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

The ranks of America's millionaires swelled in 2024, with nearly 380,000 new members of the seven-figure club, the latest ...

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 ...