The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...
Some economists were saying Wednesday that the cutting cycle is over, while others think Chairman Jerome Powell’s Federal ...
Chairman Jerome Powell says policy decisions are based on economic data, not the shifting winds of political discourse.
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
Developers say new downtown construction won’t grind to a halt. Some projects will score financing and the number of ...
The Federal Reserve kicked off the year in neutral, opting to keep interest rates unchanged at the conclusion of its policy ...
The Federal Reserve’s federal funds rate is still above the level that balances the U.S. economy, known as the neutral rate.
There is so much uncertainty over potential tariffs and fiscal policy that “keeping things steady looks like the prudent move ...
The Fed has a dual mandate. In addition to stable prices, the central bank is supposed to support maximum employment. With ...