In addition to holding interest rates steady, the central bank announced a slowdown in its balance sheet reduction process. The Fed will now allow only $5 billion in maturing Treasury securities ...

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest ... Fed's move. However, the statement noted that Waller favored holding rates steady ...

But yesterday, the Fed did exactly what had been expected. It held interest rates steady, and it also signaled that it's still on track to cut interest rates twice later this year. That said ...

U.S. consumer spending surged 0.7% in March while core PCE inflation stayed flat, signaling strength in demand with limited ...

Shark Tank” investor Kevin O’Leary suggested Monday that President Trump will not oust Federal Reserve Chair Jerome Powell, ...

CD rates are a product of their economic times, and we're currently in a rosy period. At other times in history, CD rates ...

Governor Tiff Macklem said the central bank hit pause to give itself time to assess the fallout from Trump’s erratic and ...

The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global ...