The US economy grew 3% in the second quarter as a tariff-related import surge that shrank output early in 2025 reversed, ...

The Federal Reserve left its key short-term interest rate unchanged, brushing off repeated calls from President Donald Trump ...

The Senate voted along party lines last night to confirm senior Justice Department official Emil Bove to the 3rd U.S. Circuit ...

The central bank has said Trump’s tariffs are making it difficult for it to lower rates, something that would otherwise be ...

Special Report' panelists analyze what the Federal Reserve's unchanged interest rates mean for the Trump administration amid ...

CHICAGO (AP) — Kevin Huigens wipes away tears as he gazes upon the statue of Cubs’ legend Ryne Sandberg outside Chicago’s ...

The Federal Reserve on Wednesday kept interest rates unchanged for the fifth consecutive meeting as it remains under intense ...

WASHINGTON: The United States central bank held interest rates steady on Wednesday (Jul 30) and Federal Reserve Chair Jerome ...

The Fed held rates at 4.3% despite Trump’s push for cuts. Powell cites tariff-driven inflation risks; internal dissent ...

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.

Maintaining the elevated federal funds rate makes borrowing more expensive, but the alternative is artificially cheap money, malinvestment, and inflation.