The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn't plan to cut interest rates until it has "greater confidence" that ...
Federal Reserve keeps interest rates unchanged to maintain sustainable growth and control inflation, plans to gradually ...
WASHINGTON--The Federal Reserve held its key interest rate steady again Wednesday and gave no signal that it plans to lower it anytime soon following a resurgence of inflation early this year.
The Federal Reserve on Wednesday held interest rates steady for the sixth straight time after a string of disappointing inflation readings dimmed the odds of cuts later this year. The widely ...
WASHINGTON — The Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent ...
The US economy continues to show resilience even with the Fed settling in with higher-for-longer rates. Non-farm payrolls ...
Powell made his comments just hours after the Bureau of Labor Statistics released data showing that wholesale prices rose ...
Supply from producers outside of OPEC+ — made up of OPEC and its Russia-led allies — is expected to grow by 1.2 mbd in 2024, ...