Amid a battle with the president, who has been pressuring the Fed to cut interest rates, Powell said they had to re-evaluate ...

The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.

The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...

The administration and its supporters are fond of blaming the Fed for economic problems. They should concentrate, instead, on fixing the nation's fiscal problems.

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

With the unemployment rate low and inflation above their 2 per cent target, Fed officials have been reluctant to cut interest ...

Impact of tariffs not been seen much, as higher inflation expected over summer, Fed chair says - Anadolu Ajansı ...

The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...

Donald Trump has strongly criticized Federal Reserve Chairman Jerome Powell and the Fed Board, accusing them of mismanagement ...

At 4.3%, the Fed's benchmark interest rate remains markedly higher than it was between 2008 and 2022, when the bank started ...

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...