The Commerce Department on Wednesday reports on housing starts for January and the Federal Reserve releases minutes from its most recent policy meeting.

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead ...

Federal Reserve Chair Jerome Powell, appearing for a second day of testimony before Congress, said central bank officials remain in a wait-and-see mode when it comes to deciding where interest rates ...

The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

Fed's Powell says central bank still has access to data it needs Federal Reserve Bank of New York President John Williams said Tuesday the current level of short-term interest rates should help ...

The Federal Reserve opted to hold interest rates steady at its January meeting, following a series of three consecutive cuts between September and December 2024. After those cuts, which ...

WASHINGTON – US President Donald Trump is getting his wish that interest ... for the Federal Reserve to diverge from its central bank peers. The European Central Bank (ECB) cut rates on Jan ...

President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...

The Federal Reserve controls short-term interest rates through its open market operations, buying and selling government securities to influence the money supply and achieve its policy objectives.

The Federal Reserve's Federal Open Market Committee (FOMC) declined to adjust interest rates after its first meeting of the year on Jan. 28 and 29, 2025. Starting in September, the FOMC lowered ...