A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

The US Federal Reserve is in no "hurry" to adjust interest rates again, the central bank's chair Jerome Powell said Wednesday ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...

U.S. Crude Oil Stockpiles Rise for First Time in 10 Weeks U.S. crude oil inventories increased for the first time in 10 weeks as exports fell and refineries lowered their capacity use, according to ...

Gold futures rose, despite a stronger U.S. dollar, as the market awaits the first Federal Reserve meeting of the year.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Andrew Hollenhorst, chief US economist at Citi, says the Federal Reserve can take "a wait-and-see attitude" on interest rates due to current readings on inflation and jobs amid uncertainty on policy ...

Wells Fargo said that its 2022 consent order with the Consumer Financial Protection Bureau relating to auto lending, consumer deposit accounts, and mortgage lending, has closed.

The Federal Open Market Committee is expected to hold its policy rate at 4.25%-4.50% on Wednesday, the first pause since it ...