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 once again lashed out at Federal Reserve Chair Jerome Powell, calling him a "FOOL" a day after the central bank decided to hold interest rates steady. Trump wants interest rates ...

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 ...

President Donald Trump woke up Wednesday morning and took aim at Federal Reserve chair Jerome Powell. “‘Too Late’ Jerome ...

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 ...

At a news conference, he used some version of the word "wait" 22 times to underscore how the Fed isn't in a rush. "The costs of waiting to see further are fairly low, we think, so that's what we're ...

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 ...

Powell no longer pulled punches in his post-meeting press conference, saying Trump tariffs “are likely” to lead to a downturn ...