The UN's International Monetary Fund made “notable markdowns” to its global economic growth forecasts due to trade ...

Chicago Federal Reserve President Austan Goolsbee said Thursday it's "not a pause of anything" about Trump’s announcement ...

April 16 (Reuters) - Traders on Wednesday kept bets on Federal Reserve rate cuts this year after Fed Chair Jerome Powell said the U.S. central bank is well-positioned to wait for greater clarity ...

The European Central Bank has cut rates in the hope that lower borrowing costs will boost economic activity in the Eurozone ...

President Donald Trump renewed his attack on Jerome Powell Thursday, declaring in a social media post that the Federal ...

The Fed, aiming to tamp down on historically high inflation, approved a 0.25 percentage point interest rate hike and reportedly expect to rise rates six more times this year. Americans caught a ...

CD rates tend to track the federal funds rate. When the fed rate goes down, CD rates decline, and vice versa. The Federal Reserve held the federal funds rate steady for nearly a year but made its ...

Trump announced sweeping tariffs April 2, only to put most of them on hold a week later, has led to speculation about whether the Fed would soon cut its key interest rate or take other steps to ...

At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the second ...