The Fed is standing pat while it sees where the economy is going in the next few months. Powell's term ends next year.

Policy makers signalled borrowing costs are still likely to fall this year, but slowed the overall pace of expected future ...

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The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...

Officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

Federal Reserve Chair Jerome Powell explains the reasoning behind the central bank's decision to maintain current interest ...

The central bank is waiting for clearer economic data amid uncertainty over President Donald Trump’s trade war and other ...

The Bank of England has been slowly reducing borrowing costs since the middle of last year, but inflation is still well above ...

The US Federal Reserve has decided to keep interest rates unchanged for the fourth consecutive time, holding borrowing costs ...

The US Fed's Federal Open Market Committee (FOMC) decided to keep the benchmark interest rates unchanged at 4.25% to 4.5% due ...

President Trump is blasting Federal Reserve Chairman Jerome Powell for his decision to leave the benchmark interest rate ...

The Fed, helmed by Chair Jerome Powell, is expected to hold rates steady this month despite pressure from President Donald ...