The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
As was widely expected, the U.S. Federal Reserve held interest rates at current levels following the conclusion of its latest policy meeting.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy economic outlook and uncertainty over whether some of President Donald Trump’s policies could stymie the fight against inflation.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.