The Federal Open Market Committee kept the federal funds rate steady, following three rate cuts last year.
Debate over future Fed rate cuts centers on the uncertain “neutral rate,” shaping how cautiously policymakers move as inflation cools.
Trump has urged the Fed to significantly lower interest rates.
Jerome Powell will announce the central bank's next interest rate decision on Jan. 28 amid political and legal turmoil ...
The meeting will mark the first since Federal Reserve Chair Jerome Powell confirmed he is under investigation by the ...
Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home ...
Federal Reserve policymakers left interest rates unchanged at its January meeting after cutting rates at its three prior meetings amid uncertainty over the labor market and inflation.
Home shoppers waiting for significantly lower mortgage rates this year may be disappointed, even if the next Federal Reserve chair wants to lower interest rates.