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 ...
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 ...
Oil prices dropped by more than $1 on Tuesday, extending losses on investor expectations that lingering U.S. inflation could ...
The Federal Reserve meets this week for the first time since recent high inflation readings dampened hopes that the central bank would lower interest rates three times this year. The prospect of ...
Oil prices extended losses on Tuesday, with investors expecting lingering U.S. inflation to keep interest rates higher for ...