expected

Chip Somodevilla/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will set the level of its benchmark interest rate, adjusting a major policy lever for the first time since a government shutdown sharply restricted the release of gold-standard federal data about the economy. In a rare exception, the U.S. government issued an inflation report last […]

Federal Reserve Building, Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will issue a new decision on the level of its benchmark interest rate, testing a wait-and-see approach adopted by the central bank in recent months as it observes potential effects of President Donald Trump’s tariff policy. The posture of restraint at the […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve on Wednesday will announce its latest decision on interest rates, just hours after fresh inflation data is set to reveal the status of the central bank’s fight to slow price increases. At six consecutive meetings spanning nearly a year, the Fed has opted to hold rates steady […]

Bloomberg Creative/Getty Images (WASHINGTON) — The Federal Reserve is set to announce a decision on Wednesday about whether to adjust its benchmark interest rate, just days after new government data showed that the economy is cooling off. The slowdown has coincided with a months-long stretch of stubborn inflation, putting pressure on the Fed to keep […]