While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency
Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press conference.
The first Federal Open Market Committee meeting of 2025 is here. The Federal Reserve's policymaking arm concludes its two-day meeting that began on Tuesday and delivers a decision on interest rates later today.
The Federal Reserve is widely expected leave its benchmark interest rate steady this week, but economists and market participants will be keeping a close eye on what Fed officials say about the state of the economy and the outlook for rates.
The Federal Reserve's monetary policy group is expected to hold rates steady, but the chairman will face a litany of questions about the year ahead and on the inflationary impact of implications of the Trump administration's early policy moves.
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the Fed.
As widely expected, the Federal Reserve held its policy rate at 4.25%-4.50% on Wednesday, as the Federal Open Market Committee assesses the economy for evidence that a disinflationary trend is continuing.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
Senior economist John H. Rogers is accused of leaking inside information, briefing books from the Fed to two Chinese co-conspirators
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Federal Reserve policymakers voted Wednesday to hold interest rates steady in its first rate decision of the year.
A former senior adviser to the Federal Reserve has been indicted for allegedly conspiring to pass confidential U.S. economic data to China, raising national security concerns over financial market manipulation.