Fed holds rates steady
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This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term direction.
President Trump says he is nominating Kevin Warsh to be the next chair of the Federal Reserve, filling a powerful economic policy role as the president pushes for lower interest rates.
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6%.
Jerome Powell will announce the central bank's next interest rate decision on Jan. 28 amid political and legal turmoil involving the Fed.
Has Fed Chair Jerome Powell already presided over his last interest-rate cut? Investors seem to think so. The closely followed Fed Watch tool forecasts the next Fed rate cut will come in June, a month
Trump says Jerome Powell is ‘hurting our country’ as president finally weighs in on Fed’s plan for interest rates - President demands ‘LOWEST INTEREST RATE OF ANY COUNTRY IN THE WORLD’ regardless of e
The Federal Reserve on Wednesday kept interest rates unchanged as the central bank fights to maintain its ability to set interest rates without political interference.