The U.S. Federal Reserve has a dual mandate. First, it's tasked with keeping inflation under control, which means ensuring the Consumer Price Index (CPI) increases by around 2% per year. Second, the ...
As tax season wraps up, many people have already received their refunds. While it may be tempting to splurge on something new ...
The Federal Reserve was widely expected to leave interest rates unchanged on Wednesday, at the conclusion of its March ...
The Federal Open Market Committee did not cut rates this month, as it waits to see how President Donald Trump's tariffs play ...
The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic ...
To cool the economy and bring inflation under control, the Fed embarked on an aggressive campaign to raise the federal funds rate during 2022 and 2023. The final hike was in August 2023, with the rate ...
As widely expected, the Federal Reserve held its key interest rate steady. Officials are waiting for the economy to send ...