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The US Federal Reserve kept interest rates unchanged Wednesday, defying strong political pressure from President Donald Trump to slash borrowing costs -- although divisions emerged among policymakers.
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 ...
Federal Reserve Chairman Jerome Powell has decided to keep interest rates steady again, drawing the ire of President Donald ...
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President Donald Trump said he didn’t want to make things personal as he stood next to Federal Reserve Chair Jerome ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
The Federal Reserve left its benchmark interest rate unchanged Wednesday, but a rate cut is possible in September. President ...