Goolsbee says the Fed won’t cut rates until inflation shows clear progress toward 2%, signaling borrowing costs may stay ...

The Fed maintained its federal funds rate — what banks charge each other for short-term loans — in its current range of 3.5% ...

WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.

Central bankers cut rates three times last year, but are cautious about lowering borrowing costs any further due to a weakening job market. President Donald Trump has said his pick for a new Fed Chair ...

If growth is firming in Q1, the rate cuts rationale is less compelling. Thus, Fed funds futures are pricing in high odds for no change in the target rate for the next two policy meetings.

After the Federal Reserve's rate cuts last year, it's still uncertain how restrictive the central bank's current 3.50%-3.75% policy rate is, Dallas Fed President Lorie Logan said on Tuesday.