The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September.
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
As expected, the U.S. Federal Reserve has kept its benchmark fed funds range rate steady at 4.25%-4.50%, the first pause since the central bank ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
Federal Reserve Chair Jerome Powell is holding a press conference Wednesday afternoon, the first since President Trump began ...
Markets widely expect the central bank to hold its lending rate steady in its decision, expected at 2 p.m. ET.
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt ...
The Federal Reserve is expected to keep policy rates unchanged in the 4.25%-4.50% range, ending a run of three consecutive ...
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure ...
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.