The Federal Reserve ran an operating loss of $77.6 billion last year, the second straight year of large losses. Those losses are a side effect of the central bank’s campaign to aggressively ...
WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying stubbornly ...
The Federal Reserve isn't expected to announce any changes to its key interest rate Wednesday, a sign of caution amid significant economic uncertainty. The Federal Reserve isn't expected to ...
But the most jarring development was the number of Fed board members and Federal Reserve Bank presidents who reported heightened uncertainty around their outlooks for joblessness, inflation and GDP.
The Federal Reserve held its benchmark interest rate steady on Wednesday, with Chair Jerome Powell saying there is "high uncertainty" about the potential impact of the Trump administration's trade ...
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more ...
President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off ...
Trump's comments came hours after the Fed opted to hold interest rates steady. President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest ...