The central bank cut rates at its three previous meetings in an effort to support the job market. But with inflation still elevated, the Fed is cautious about additional rate cuts.
Meeting market expectations, the central bank's Federal Open Market Committee voted to keep its key interest rate in a range ...
Some Fed officials have forecast interest rate cuts later this year.
Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...
By Howard Schneider WASHINGTON, Jan 28 (Reuters) - The Federal Reserve is expected to hold interest rates steady on Wednesday in a pause that investors see lasting beyond U.S. central bank chief ...
The Fed and chair Jerome Powell are likely to hold interest rates steady as he faces a criminal investigation launched by President Donald Trump's close ally.
Feb 10 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the U.S. central bank faces no ...
By Ann Saphir Feb 11 (Reuters) - Federal Reserve policymakers look likely to keep interest rates on hold for longer after ...
January’s jobs data, released on Wednesday, bolstered expectations that the Federal Reserve will hold interest rates steady ...
The central bank will maintain rates at 3.5 to 3.75 percent and warned of ‘elevated’ economic uncertainty.
Officials signaled greater comfort with a pause on rate cuts. Two governors favored a reduction.