Fed policymakers said risks had increased, with a near unanimous sentiment in saying the outlook for the year was muddled.
The Federal Reserve's quarterly dot plot also revealed how the central bankers expect the U.S. economy to perform this year.
The base rate was cut from 4.75 per cent at the last meeting, but sticky inflation and geopolitical concerns – including ...
Consumers aren't likely to see an interest rate cut in March. But economists still say a few more rate cuts could take place in 2025.
The Federal Reserve held interest rates steady on Wednesday, keeping its benchmark rate — known as the federal funds rate — ...
HELOC interest rates dropped again this week, emphasizing the cost-effectiveness of this product over alternatives.
The central bank says inflation is expected to fall back to the 2 per cent target after that. At present, markets are pricing in two further interest rate cuts between now and the end of this ...
U.S. stock indexes are rising as Wall Street waits to hear what the Federal Reserve will say about where interest rates may ...