Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

Federal Reserve chair Jerome Powell on Wednesday did not comment on U.S. President Donald Trump's remarks from last week about demanding a fall in interest rates. Trump, speaking at the World Economic Forum at Davos-Klosters,

Investors this week will be keenly watching how or if the Federal Reserve and the bond market cooperate with Donald Trump’s order for lower interest rates.

Asian stocks fell broadly on Monday as investors reacted to weak Chinese data and awaited interest-rate decisions from the U.S.

The Federal Reserve on Wednesday will announce its latest decision setting the level of interest rates, just days after President Donald Trump called on the central bank to lower them. Investors widel

Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.”

The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.m. Eastern. Economists surveyed by FactSet expect real GDP grew at a seasonally adjusted annual rate of 2.5% in the period, versus the 3.1% pace of growth set during the third quarter.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue.

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.