Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,

The Federal Reserve withdrew from a central-bank climate coalition this month because its work veered outside the Fed's focus on price stabi

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.

Last month, Fed officials signaled they expect just two rate cuts for all of 2025, a shallower path of reductions than previously anticipated. Policymakers will update their projections on the economy and rates at their next meeting in March. This month’s pause in rate cuts comes amid increasing uncertainty about how inflation will evolve.

US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.

Federal Reserve Chair Jerome Powell defended the central bank’s allocation of resources in the face of calls to slim down government agencies. Last month, the billionaire Elon Musk, who has been tasked with cutting costs in the federal government,

Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the Federal Reserve is hitting the pause button until it has a better idea of where inflation is headed next.

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.

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

The Federal Reserve finishes its two-day meeting Wednesday with an interest-rate announcement scheduled for 2 p.m. ET. Fed Chair Jerome Powell is set to speak at 2:30 p.m. Here is a schedule of the central bank's policy meetings for the rest of 2025.