Fortunately, the Fed's decision to raise the federal funds rate from 0.13% to 5.33% during the 18-month period between March 2022 and August 2023 successfully cooled the CPI down from its four ...

President Donald Trump recently nominated one of his economic advisers to the Federal Reserve’s top ranks, but his next choice will be far more consequential — and it’s already taking shape.

President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more colleagues don’t agree.

It's the 11th rate increase since the Fed began its inflation fight in March 2022, bringing the lending rate to a range of 5.25-5.5%, and comes just one month after the central bank hit pause in ...

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 ...

Fed raises interest rates 0.25% despite cooling prices The rate hike brought the Fed's benchmark interest rate to a 22-year high of between 5.25% and 5.5%.

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

It’s widely expected that the 19 Fed officials that participate in the central bank’s interest-rate decisions will project two rate cuts for this year, as they did in December and March.

More jobs, more spending and continued uncertainty about tariffs. Here's how that could impact the Fed's interest rate ...