Fed holds interest 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.
Federal Reserve officials are expected to keep their short-term interest rate unchanged Wednesday after three cuts last year, ignoring huge pressure for lower borrowing costs from the White House in f
The neutral rate is a changing, theoretical interest rate used as a benchmark by the Fed to set monetary policy. Here's what you need to know.
President Trump has demanded that Fed Chair Jerome Powell cut rates. But it isn’t the Fed chair alone who sets them. Here is who does.
“The Fed should substantially lower interest rates, NOW!” Trump wrote.
Gold prices fell as much as 8% on Friday, dipping below the $5,000 per ounce mark, as the dollar firmed following President Donald Trump's announcement of his choice for Federal Reserve chair, even as bullion was set for its strongest monthly gain since 1999.