The Federal Reserve is the central bank of the United States, but many people are unclear about what it actually does. While the Federal Reserve isn’t a bank in the sense that you or I could ...

With stocks in a steep decline and tariffs inducing recession jitters, the patience of investors may be tested.

Now, Mr. Trump’s tariffs will raise prices. With consumer expectations of rising inflation, those won’t be one-off effects, ...

Federal Reserve Chair Jerome Powell acknowledged this week that such a situation would pose a challenge for the Fed. The Federal Reserve has a playbook for fighting inflation, and another for ...

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, May 6, and Wednesday, May 7, 2025. At the end of its Federal Open Market Committee session on March 19 ...

The Trump administration's expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome ...

The Federal Reserve held its benchmark interest rate steady on Wednesday, with Chair Jerome Powell saying there is "high uncertainty" about the potential impact of the Trump administration's trade ...

As the federal funds rate comes down, consumers may see their borrowing costs decrease as well, making it cheaper to borrow money to purchase a house or a car. But even with the Fed on the ...

The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite some encouraging news on inflation. Although inflation receded last month ...

The Commerce Department released the February personal consumption expenditures (PCE) index, which showed that inflation remains above the Federal Reserve's 2% goal. As tariffs work their way into ...