The Federal Reserve is widely expected to hold interest rates steady at the conclusion of its two-day meeting on Wednesday amid signs of sticky inflation.
Fed Chair Jerome Powell said it "may take longer than expected" for high interest rates to bring down inflation. He repeated ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central ...
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that ...
Oil prices dropped by more than $1 on Tuesday, extending losses on the potential for lingering U.S. inflation to keep ...
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, ...
The Fed chair reiterated that it would take longer than previously thought to attain the confidence needed to lower interest ...
Its current size is about $7.3 trillion, with the Fed in May announcing plans to dial back how much its balance sheet shrinks ...
Oil prices dropped by more than $1 today, extending losses on the potential for lingering US inflation to keep interest rates ...
The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and ...
WTI crude oil today is down -0.62 (-0.78%), and June RBOB gasoline closed down -1.74 (-0.69%). Crude oil and gasoline today are moderately lower for a second day. A stronger ...