Who benefits from the Fed’s decision not to raise interest rates
Borrowers, homeowners and investors could all benefit from the Federal Reserve's decision to keep interest rates steady for the foreseeable future.
WATCH: Federal Reserve foresees no interest rate hikes in 2019
The Fed is all but sure to keep its key short-term rate — which can influence mortgages and credit cards — below 2.5 percent.
Federal Reserve says it will be ‘patient’ on interest rate hikes
The Fed's semi-annual report to Congress on monetary policy cites a range of risks to the economy that have developed over the last six months, as well as continued muted inflation as reasons to slow further hikes.
Fed chairman doesn’t see signs of economic downturn, yet ‘poverty remains a challenge’
In a visit to a historically black university in the Mississippi Delta, Jerome Powell said that many rural areas have not benefited from the national prosperity. He said those areas need special support.
Despite strong hiring, concerns about headwinds facing the U.S. economy this year have not dissipated.
The dinner marks the first time Trump and Powell have met since Trump picked him for the top Fed job in November 2017.
In our news wrap Wednesday, the Federal Reserve kept a key interest rate unchanged and pledged to be patient about ordering future rate hikes. Chair Jerome Powell insisted the cautious response reflects changing economic conditions, not fear of political criticism.
Investors are increasingly turning their attention to the Federal Reserve's balance sheet and whether it could help keep the economy on track or prematurely plunge the nation into another recession. Here's what you need to know.
Fed Chairman Jerome Powell will hold a news conference at 2:30 p.m. ET today. Watch his remarks here.
