Fed Chair Jerome Powell cited the central bank's uncertainty over the impact of the Trump administration's tariffs as a key reason the Fed hasn't reduced rates.

In today’s news, employment falls as the jobless rate remains steady, reports say Donald Trump approved an Iran attack plan, and just two Australian universities have made it into the latest global ...

A 100 MW wind farm project in Mullikulam in Sri Lanka's Mannar district has got initial interest from around nine investors, ...

The US Federal Reserve kept policy rates unchanged at 4.25-4.50 percent, saying economic activity was solid, unemployment was ...

There are a lot of unknowns about the outlook for the economy and interest rates, but Federal Reserve Chair Jerome Powell signaled at least one thing seems certain: Higher prices ...

The Federal Reserve held rates steady, and Chair Jerome Powell's news conference has wrapped up. You can watch it here: ...

Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...

Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year.

Trump named Powell to the position back in 2018, but has been a fierce critic this year. Interest rates remain at an elevated 4.25% to 4.50% even as inflation has fallen near the Fed’s 2% target rate.

Wall Street stocks treaded water Wednesday after the Federal Reserve met expectations and kept interest rates steady while ...

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

The U.S. central bank left its benchmark overnight interest rate steady, even as President Trump pushed for cuts.