Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”
The Federal Reserve’s Federal Open Market Committee (FOMC) met today to discuss how to handle the U.S. economy. Results from that meeting have
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press conference.
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state of the economy and the outlook for rates.
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of questions about the year ahead and on the inflationary impact of implications of the Trump administration's early policy moves.
The Federal Open Market Committee is expected to hold its policy rate at 4.25%-4.50% on Wednesday, the first pause since it started cutting rates in September. As a result, investors' focus will be attuned to Federal Reserve signaling for the path ahead.
If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least not yet.
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.
US benchmark equity indexes closed lower Friday amid reports that President Donald Trump is set to implement tariffs on imports from Canada, Mexico and China. The Dow Jones Industrial Average dropped 0.
There were a lot of distractions for Wall Street this week, with the DeepSeek headlines serving as the biggest distraction and driving many stocks lower. As I wrote about on Tuesday, the Chinese company sent shockwaves throughout Wall Street,
The Fed is in no hurry to cut rates. December’s PCE inflation reinforces that stance, with the headline rate ticking up to 2.6 per cent on an annual basis versus 2.4 per cent in November.