Futures markets are also expecting a rate cut. Investors peg the chances of a quarter-point interest rate cut at nearly 96%, ...

The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds rate unchanged at 4.25-4.5%.

The dollar slipped for a second straight session on Wednesday, a day after a U.S. inflation reading increased expectations of ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates ...

Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – ...

President Trump has kept up his campaign for Federal Reserve Chair Jerome Powell to lower rates despite saying there was "no ...

The Fed’s monetary policy committee kept its benchmark rate steady at between 4.25 percent and 4.5 percent, as analysts and ...

The Federal Reserve on Wednesday held its interest rate target steady, defying a pressure campaign by President Donald Trump to lower rates. After a two-day meeting of its monetary policy committee in ...

The Federal Reserve left its target interest rate unchanged Wednesday, brushing off pressure from President Trump to cut ...

The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...