The federal funds rate is the Fed's primary tool for conducting monetary policy and influencing the economy. It affects the interest rates that banks charge for auto loans, credit cards, and other ...

Federal Reserve Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the Fed would have likely reduced rates this year if not for potential consumer price hikes.

Consumer prices rose 2.4% year-over-year in May, defying fears that President Trump’s tariffs could lead to higher inflation. Here’s why economists think that will change in the coming months.

Fed Chair Jerome Powell said this week that the central bank would keep interest rates steady. Getty Images President Trump has been agitating for the Fed to lower interest rates for months. AP ...

50 Over 50. Top Colleges. ... Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show. By ... The Fed’s decision to hold rates steady throughout 2025 thus far ...

The Fed has imposed its most aggressive series of rate hikes in 40 years. The Federal Reserve raised its benchmark interest rate another 0.25% on Wednesday, reviving its inflation fight despite a ...

WASHINGTON (TNND) — The Federal Reserve is unlikely to move interest rates at the conclusion of its meeting on Wednesday despite improvements to inflation while the central bank tries to figure ...

In an updated forecast, Fed officials now expect inflation, as measured by the core personal-consumption expenditures (PCE) index, to jump to 3.1% by the end of the year, up from a rate of 2.5% in ...

Despite President Trump’s call for an interest-rate cut Powell announced that the central bank’s benchmark interest rate will remain unchanged at a range of 4.25% to 4.5%.