The 99% chance the U.S. Federal Reserve was going to hold interest rates steady as recession fears rose became a certainty.
Fed Chair Jerome Powell cites "high uncertainty" around the impact of Trump administration tariffs on key trading partners.
Interest expenses outpaced interest income for the second straight year, though the losses were smaller than the previous ...
Explore how the Federal Reserve's evolving policies on interest rates and quantitative tightening could impact markets. Read ...
Federal Reserve Chairman Jerome Powell's face tough challenge — offering anchor to investors in a sea of uncertainty.
The Federal Open Market Committee did not cut rates this month, as it waits to see how President Donald Trump's tariffs play ...