The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

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 ...

Federal Reserve Chair Jerome Powell said the central bank would leave its benchmark interest rate unchanged, adding that now is the time to ‘wait for further clarity.’ Photo: Roberto Schmidt ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...

President Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off ...

WASHINGTON – To the dismay of President Donald Trump, the Federal Reserve Board left its benchmark interest rate unchanged Wednesday, prompting Trump to turn up the pressure on Truth Social.

Trump's comments came hours after the Fed opted to hold interest rates steady. President Donald Trump late Wednesday criticized the Federal Reserve, urging the central bank to reduce interest ...

Retaliatory tariffs are coming from the United States on April 2. Trump criticized Powell and the Federal Reserve in a post to Truth Social on Wednesday night. 'The Fed would be MUCH better ...

The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Wednesday’s decision ...

The US Federal Reserve announced a pause in interest rate cuts, citing increased economic uncertainty exacerbated by President Trump's unpredictable tariff measures. The central bank's decision ...

These were some of the main stories: Trump says Fed should cut rates as tariff push heats up: President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US ...