The Federal Reserve said Wednesday that it will leave ... The Fed's decision to keep rates steady reflects stubborn U.S. inflation, which remains close to 3% on an annual basis.
Both a healthier job market and more stubborn inflation typically would imply fewer Fed rate cuts in the coming months. In a news conference Wednesday, Federal Reserve Chair Jerome Powell largely ...
WASHINGTON – The Federal Reserve paused its interest rate cutting campaign Wednesday and gave no signal it plans to lower rates again in the near term amid uncertainty spawned by inflation and P ...