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The decision to hold rates steady at a range of 4.25% to 4.5% could mark the beginning of an extended respite as the Fed assesses the course of inflation and awaits details on Trump’s trade and ...

The decision was unanimous among the voting members of the Federal Open Market Committee, the panel of Fed officials responsible for setting interest rates. The CME Fed Watch prediction algorithm ...

Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates. By Alan Rappeport Reporting from Washington ...

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Emerging from their first policy meeting during Trump’s second term in the White House, Fed Chair Jerome Powell said central bank officials are “waiting to see what policies are enacted ...

Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he was asked it them during a press conference. Elon Musk, the leader of ...

It’s a move that’s likely to stoke tensions between the central bank and the new president, who has argued that he should have some say in Fed policy. Central bank officials opted to keep ...