Senate Banking Committee Chair Sen. Tim Scott, Republican of South Carolina, accused the Fed of succumbing to political ...

Powell confirmed in a Senate Hearing on Tuesday that the U.S. won't issue a central bank digital currency or CBDC while he's ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

After cutting its key rate a full percentage point in the final three months of last year, with “the economy remaining strong ...

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous ...

Federal Reserve Chair Jerome Powell said, "with our policy stance now significantly less restrictive than it had been and the ...

Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.

and the balance of risks,” the Fed said in a statement following a two-day meeting. That mirrors the guidance Fed officials ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...

After cutting its key rate a full percentage point in the final three months of last year, with "the economy remaining strong ...

The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts ...