Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...

The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

The Fed right now is like a powerful player on a major sports team being held comfortably in reserve. But rest assured, its time is coming. On Wednesday, the Fed said that aside from the inflation ...

However, at 2.7%, inflation was up slightly as of the latest reading. As a result, the Fed now projects a lower number of rate cuts will occur this year. The Fed rate can have an impact on the ...

Chicago Federal Reserve president Austan Goolsbee told Yahoo Finance Friday that the central bank "may be on hold" for now, but he still sees interest rates moving lower over the "next 12-18 months." ...

Some Fed watchers said the new tariffs outlined by Trump will push inflation higher, meaning that any rate cuts in 2025 are now off the table. "The resulting surge in US inflation from these ...

Today, banks still hold money at the Fed, but for a different reason: to manage the flow of enormous sums of ... through the Federal Reserve System. Now, here's why all of this matters to those ...