The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

'Magnificent Seven' tech stocks weighed on the S&P 500 and Nasdaq; Elon Musk sparred with President Trump over the tax-and-spending bill. The 51-50 vote on tax and Medicaid cuts sends the measure back ...

President Donald Trump heads to a two-day NATO summit in Europe laden with uncertainty over Iran’s response to U.S. air ...

Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and ...

Despite holding the policy rate target steady, the median projection for the policy rate suggests the Fed is likely to begin cutting rates later this year. Click to read.

Jerome Powell advocates a wait-and-see stance on inflation and uncertain effects of new tariffs. Economic forecasts are revised downwards: growth expected at 1.4 %, inflation at 3 %, unemployment at 4 ...

The Federal Reserve is expected to keep its key rate steady on Wednesday, June 18, after a series of cuts that lowered rates by a full percentage point last year.

Officials at the Federal Reserve left interest rates unchanged, as they brace for the effects of President Trump’s policies on trade, taxes and immigration.

Amid that uncertainty, the Fed will remain on the sidelines and keep interest rates unchanged at this meeting,” said Bankrate chief financial analyst Greg McBride.

The continuing tariff activity is expected to impact U.S. domestic prices in industries such as manufacturing, which analysts say is contributing to an uncertain economic environment for both ...

This has led to heightened uncertainty about the economic outlook, prompting a wait-and-see attitude among committee members. Despite this, the FOMC acknowledged that with inflation slightly above ...