The Latest Breaking News from the US Federal Reserve

Czech Republic's central bank cuts interest rates for the fourth time due to decreasing inflation and positive economic indicators. Global central banks as...

The US Federal Reserve has decided to keep its benchmark interest rate steady at 5.25 to 5.50 percent. Fed Chairman Jerome Powell said while inflation has eased significantly over the past year, it's still too high, and that while wage growth has slowed down, the labour market remains tight. The…

The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest rates this year, but it is almost certain to leave its key lending rate unchanged for the time being.

The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to hold firm on interest rates, and continue discussions about when to start cutting them.

The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation.

The US Federal Reserve will start cutting interest rates this year so long as current economic trends continue, the head of the US central bank told lawmakers in Washington Thursday.

The EU's landmark tech regulation known as the DMA takes effect at 11:59 pm Thursday, ushering in significant changes for social media platforms, internet browsers and operating systems. The head of the US Federal Reserve signals rate cuts will have to wait for summer, and Nigerians want Shell to clean…

U.S. Federal Reserve analysts have warned of "some potential" for the dollar's role as a medium of exchange to be eroded with the rise of well-designed foreign CBDCs.

The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too late, although most members voiced concern about moving early, according to minutes of the meeting published Wednesday.