Federal Reserve expected to leave interest rates unchanged amid poor inflation data
The Fed was expected Wednesday to leave interest rates unchanged due to inflation that's still above the Fed's 2% threshold. Fed Chair Jerome Powell has…
The Fed was expected Wednesday to leave interest rates unchanged due to inflation that's still above the Fed's 2% threshold. Fed Chair Jerome Powell has…
States with the highest population gains in recent years generally see higher inflation rates -- including the price of food -- than those that have…
As the Federal Reserve meets Wednesday, economists were expecting no interest rate cut for this meeting. The Fed continues to adhere to its position that…
Job openings in October dropped to their lowest total in more than two years according to new statistics from the Labor Department released on Tuesday.…
The two-day Fed policy meeting, led by Fed Chairman Jerome Powell, will culminate Wednesday with a customary announcement on whether the Central Bank will raise…
Federal Reserve Board Chairman Jerome Powell said Friday that consumer spending remained robust and that inflation was too high, adding another rate hike may be…
Consumer sentiment in August changed little from July levels, though the final gauge from the University of Michigan showed this was second highest reading in…
1/2 Broader markets were at something of a standstill during the latter half of the week as traders weigh declines in prices at both the…
1/3 Data from June show hiring in the U.S. economy, though average gains over the first six months of the year were below year-ago levels,…
Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee on June 21. He said on Wednesday that more interest rate hikes…
Federal Reserve Chairman Jerome Powell holds a news conference following the Federal Open Market Committee meeting at the William McChesney Martin Jr. Federal Reserve Board…
1/2 In further signs of a cooling economy, the U.S. Labor Department said the four-week average for first-time jobless claims hit a level not seen…
Democratic Sens. Elizabeth Warren, Bernie Sanders, Sheldon Whitehouse and other lawmakers urged the Federal Reserve to stop interest rate hikes to avoid damaging the economy.…
1/4 Bipartisan lawmakers had harsh criticisms Tuesday for financial regulators, grilling them over the collapse of Silicon Valley Bank (pictured), during a meeting of the…
The Department of Veterans Affairs announced it has lowered the interest rate, from 6% to 2.5%, for VA Native American Direct Loans to make housing…
1/5 Federal Reserve Chairman Jerome Powell said the events in the banking system in recent weeks have led the central bank to reassess its approach…
Swiss National Bank has agreed to takeover its troubled rival, Credit Suisse, in a $3.2 billion emergency deal brokered by regulators in Switzerland to help…
Chairman of the Federal Reserve Jerome Powell speaks with Secretary of the International Monetary Fund Ceda Agada at an International Monetary and Financial Committee in…
A motorist passes the entrance of the Silicon Valley Bank in Santa Clara, California on Saturday. Silicon Valley Bank parent SVB Financial filed for Chapter…
1/2 Sen. Elizabeth Warren, D-Mass, said U.S. Fed policies are designed to be job killers. Data, however, show new hires increased more than expected. File…