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On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...
CNBC's Jim Cramer explained why an uncertain macroeconomic environment led the Federal Reserve to hold interest rates steady — dashing the hopes of many investors and President Donald Trump.
F or all the power it wields over the global economy, the Federal Reserve projects remarkable cool. Whereas rate-setters at ...
The Federal Reserve left interest rates steady on Wednesday, though two policymakers voted in favor of a cut. Fed chief Powell cited elevated uncertainty and "two-sided risk" as reasons to wait.
The central bank kept interest rates steady for a fifth straight meeting, despite badgering from President Trump. It has ...
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure ...
Federal Reserve Chairman Jerome Powell has decided to keep interest rates steady again, drawing the ire of President Donald ...
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Federal Reserve Chair Jerome Powell briefed reporters Wednesday afternoon after the Fed announced it would once again keep ...