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Despite repeated pressures from U.S. President Donald Trump to reduce interest rates, the Federal Reserve is unlikely to yield to his demand when the central bank unveils its May policy outcome on ...
Forthcoming changes to the Federal Reserve’s rate-setting framework are unlikely to influence officials’ current decisions.
Federal Reserve Chair Jerome Powell offered investors a consistent message on ... In its policy statement, the central bank noted that since March, "Uncertainty about the economic outlook has ...
Fed officials opted Wednesday to hold interest rates steady as President Donald Trump’s tariffs unsettle the US economy.
Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. Jerome Powell sees economic risks rising, but not enough that ...
The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since December.
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.
Tesla blocked shareholders who own less than 3% of its shares from suing its directors or officers on behalf of the electric ...
The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...
"We are comfortable with our policy stance," Powell said at a May 7 press conference ... “Uncertainty about the economic outlook has increased further,” the Fed said.
Hugh Cameron is Newsweek U.S. news reporter based in London, U.K. with a focus on covering American economic and business ... Federal Reserve Chair Jerome Powell, during a press conference on ...
“We're always going to consider only the economic data, the outlook, the balance of risks, and that's it. That's all we're going to consider.” Federal Reserve Chairman Jerome Powell announced ...