Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September ...
Gold traded in a relatively narrow price range on Thursday as investors focused on U.S. President Donald Trump's tariff plans ...
Fed chair Powell told his press conference that policymakers “do not need to be in a hurry to adjust our policy stance.” ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
The stock market has largely tuned out the noise as the new administration carries out what may be the largest reorganization ...
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the ...
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 Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...
Migrants who commit theft and other crimes are subject to deportation after President Donald Trump signed the Laken Riley Act ...