President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
The US Federal Reserve kept interest rates unchanged today, Jan. 29, following a two-day meeting, as widely expected. This came after the Fed c
As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest policy meeting.
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down further.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.
America's central bank has held its main interest rate steady as President Donald Trump's trade policies threaten to rekindle inflation in the world's largest economy. The Federal Reserve resisted
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
Today, as the Federal Reserve emerges from its latest policy meeting with a well-anticipated stay-put stance, there’s plenty to talk about in financial markets. But most of it isn’t driven by the central bank.