Inflation has eased since Trump took office, meaning prices have risen at a slower pace than they had been at the end of the ...

Trump meanwhile, on social media Tuesday repeated his false claim that the European Central Bank has cut its key rate ten times while the Fed has not cut at all. In fact, in the last 12 months the ECB ...

We have to wait and see, which is kind of what we're doing." The Fed last week left interest rates unchanged, though policymakers signaled they remain on track for two rate cuts later this year.

The Fed last week left interest rates unchanged, though policymakers signaled they remain on track for two rate cuts later this year. That decision came despite President Trump's continued campaign — ...

The Fed last week pointed to low employment, growing wages and "decent" economic growth as reasons to maintain — rather than ease — the cost of borrowing. And in his semi-annual report to Congress ...

Yet two high-profile members of the Fed’s governing board, Michelle Bowman and Christopher Waller, have since suggested the central bank could cut its rate as early as July. Both officials were ...

Within the Fed, there is some openness to lowering interest rates more quickly. After last week's meeting, a couple of governors — Christopher Waller and Michelle Bowman — said they were open to ...

The Fed has held the benchmark lending rate steady since its last reduction in December, bringing the level to a range between 4.25 percent and 4.50 percent.

US Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the central bank can afford to wait for the impact of tariffs before deciding on further interest rate cuts -- ...