Interest rates

Fed announces it will keep interest rates at 5.25% to 5.5% as rate of inflation remains above target of 2%

The Federal Reserve held interest rates steady Wednesday, as inflation remained stubbornly above the Fed's 2% target. Investors now think it could be ...

Since March 2022, the central bank has hiked the federal funds rate 11 timesfrom near zero to corral inflation but has left the rate unchanged since last July.

The Federal Reserve kept interest rates at their current levels Wednesday, as hotter-than-expected inflation data continues to push back the timing of the ...

The Federal Reserve announced Wednesday it will keep interest rates at a 23-year high, after a spate of worse-than-forecasted inflation data evaporated ...

The Federal Reserve left its key interest rate unchanged at between 5.25% and 5.5% — the highest level in more than a decade — as annual inflation rates ...

The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.

Data released last week showed inflation grew 3.5% in March, up from 3.2% in February and 3.1% in January - above the Fed's inflation target and higher than ...

Rate was kept unchanged due to a 'lack of further progress' toward a 2 percent inflation target.

Gold investing makes sense now that the Fed rate is paused at a 23-year high. Here's why.

While inflation has remained high, the economy is healthier and hiring is stronger than most economists thought it would be at this point.

The first quarter's run of higher than anticipated US inflation numbers have markets in a tizzy. Investors have been constantly tweaking their expectations ...

This is important to bond markets because the shrinkage of the Fed's balance sheet is draining the financial system of bank deposits held at the Fed, which are ...

While inflation has remained high, the economy is healthier and hiring is stronger than most economists thought it would be at this point.

The Federal Reserve decided to hold its benchmark interest rate steady on Wednesday, postponing highly anticipated rate cuts as elevated inflation continues to ...

Surprisingly strong inflation, but exceptionally weak retail spending, has major bank economists predicting the Reserve Bank won't cut interest rates until ...

The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a ...

“It's unlikely that the next policy rate move will be a hike,” Fed chairman Jerome Powell said at a press conference following the policy meeting when the ...