interest rates

WATCH: Powell holds news briefing as Fed keeps its key rate unchanged

By Christopher Rugaber, Associated Press

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.

Fed officials left in 'uncomfortable purgatory' as tariffs complicate this week's rate decision

By Christopher Rugaber, Associated Press

With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%.

U.S. inflation rose slightly last month as grocery prices ticked higher

By Anne D'Innocenzio and Christopher Rugaber, Associated Press

The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

Trump meets with Jerome Powell, the Fed chairman he has repeatedly scorned

By Christopher Rugaber, Associated Press

President Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s outlook for interest rates, the Fed said.

WATCH: Powell holds news conference after Fed leaves key interest rate unchanged

By Christopher Rugaber, Associated Press

The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year.

Despite Trump's pressure, Federal Reserve likely to keep rates unchanged this week

By Christopher Rugaber, Associated Press

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.

WATCH: Trump criticizes Powell over interest rates, suggests he can remove Fed chair

By Aamer Madhani, Josh Boak, Associated Press

“If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office while taking questions from reporters during a visit with Italian Prime Minister Giorgia Meloni. “I'm not happy with him.”…

WATCH: Powell says Fed can wait on interest rate moves as tariff battle with China continues

By Christopher Rugaber, Associated Press

The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.

WATCH: Fed keeps interest rate unchanged, sees slower growth, higher inflation ahead

By Christopher Rugaber, Associated Press

The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday.

WATCH: Fed Chair Powell says interest rates on hold amid broad economic uncertainty

By Christopher Rugaber, Associated Press

The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump's policies to resolve, Chair Jerome Powell said Friday at a conference in New York.