Federal Reserve officials are determined to hold interest rates steady a little while longer, though an increasingly ...

Fed holds interest rates steady at highest level since 2001. The U.S. economy has faced a months-long stretch of stubborn inflation. By Max Zahn. May 1, 2024, 2:45 PM. 3:45.

The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather ...

Fed holds interest rates steady... for now The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.

That is still too high, as the Fed’s goal is to have inflation running at 2%. The Fed opting to hold rates steady and not cut this week is an indication that central bank officials don’t think ...

Key Background. The Fed’s rate-hiking campaign—designed to stem inflation—has caused an extended slump for stocks, contributing to the S&P 500’s 12% decline since the end of 2021.

When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans — including credit cards, auto loans and home equity lines of credit — quickly followed suit.

Federal Reserve is likely to leave key interest unchanged and avoid hints on whether a September cut is likely amid tariff uncertainty, Trump pressure ...