Despite mounting pressure from President Trump to cut rates, the FOMC voted yesterday to hold the target range for its policy ...

Fed funds futures traders are pricing in a 46% probability of a rate cut by September, down from about 65% a day ago, ...

President Donald Trump may see lower Federal Reserve interest rates as a fix for two politically potent problems, the cost of ...

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, barely down from 6.74% last week.

Health care stocks sank after the White House released letters asking big pharmaceutical companies to cut prices and make ...

President Donald Trump has long criticized Jerome Powell about interest rates. The Federal Reserve did not drop rates ...

Stock index futures rose on Thursday, with Nasdaq futures leading the charge, as Meta and Microsoft impressed investors with ...

Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...

Republican Sen. Rand Paul indicated that he would support abolishing the Federal Reserve if the U.S. adopted a balanced ...

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The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds rate unchanged at 4.25-4.5%.