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The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...
WASHINGTON (AP) — Federal Reserve officials at their most recent ... s benchmark rate as high enough to slow growth and inflation, the minutes said. After last month's meeting, Fed officials ...
The Federal Open Market Committee — the 12-member group that sets rate decisions — will meet on June 17-18. The FOMC's decision will be announced on Wednesday, the second day of the meeting.
Federal Reserve staff economists said during the meeting that inflation “remained elevated,” the minutes showed. Trump’s tariffs have created a dilemma for the Fed because the duties could ...
Former Kansas City Fed President Thomas Hoenig says the Federal Reserve is right keep interest rates where they are because ...
The Federal Reserve held its interest rate steady on Wednesday for the fourth time despite political pressure to make cuts.