President Trump ripped the Federal Reserve and the man he appointed to lead it Wednesday after the central bank kept interest rates steady. In a post on Truth Social, the president accused the Fed and Powell of allowing inflation to spiral to four-decade highs in the aftermath of the COVID-19 pandemic and recession.

This chart shows how the Federal Reserve's preferred inflation gauge has moved in recent years—including the spike in price pressures resulting from the Covid-19 pandemic.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.

The Fed held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.

Market pricing shows investors are nearly unanimous in expecting the Federal Reserve to stand pat on interest rates Wednesday, holding them in a range of 4.25% to 4.5%. Here's a look at how the central bank has steered policy since the turn of the century,

Federal Reserve Chair Jerome Powell said that while there is a lot of uncertainty about the outlook right now, the U.S. economy is still in a good place and the current situation isn’t as dire as it was at times such as the Covid-19 pandemic or the 2008 global financial crisis.

The Federal Reserve will hold its first policy meeting of the year on Jan. 28 and 29, where it is widely expected to keep interest rates right where they are after cutting three times since September.

Trump, 78, is preparing to make good on a 2024 campaign promise by bringing back more than 8,000 members of the US military, restoring them to their previous rank and providing back pay and full

The Michigan Department of Health and Human Services is getting a more than $248 million reimbursement in federal funds for precautions taken during the COVID-19 pandemic, federal and state ...

Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.

The chaos and confusion spurred by this week's order freezing federal funding may influence how different parts of the housing market operate.