The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.

Federal Reserve Chair Jerome Powell is holding a press conference Wednesday afternoon, the first since President Trump began his second term. Powell, who is expected to serve out the rest of his

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

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.

Policymakers said they “will carefully assess incoming data, the evolving outlook, and the balance of risks” in determining future rate decisions.

The US Fed held rates steady as Jerome Powell took a wait-and-see approach to Donald Trump’s tariff plans, citing uncertainty over their economic impact. Markets reacted cautiously amid inflation concerns.

US President Donald Trump renewed his attacks on the US central bank, hours after officials left interest rates unchanged despite his public calls for them to cut.

The decision was what investors and economists expected after a series of high readings of inflation and strong jobs reports.

President Donald Trump is renewing his old attacks on the Federal Reserve and its chair, Jerome Powell, after the independent body voted to hold interest rates steady in its first rate decision of the year.

Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald Trump called for rates to come down

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.