The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) remained ...

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

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

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...

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Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in ...