The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.m. Eastern. Economists surveyed by ...

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.

Officials cut rates at their previous three meetings before taking a pause.

Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...

Chairman Jerome Powell says policy decisions are based on economic data, not the shifting winds of political discourse.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process.

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

Federal Reserve chair Jerome Powell on Wednesday did not comment on U.S. President Donald Trump's remarks from last week ...