Fed leaves rates steady and signals a pause in 2020
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid ongoing trade uncertainty.
Sections
Extras
Watch Now
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid ongoing trade uncertainty.
The Federal Reserve has erased nearly half of all the rate increases of the past two years since July -- but now the central bank is expected to halt any further cuts even as President Donald Trump continues to push for more.
You'd think that Monday's surprise meeting between Federal Reserve Chairman Jerome Powell and President Donald Trump might leave investors feeling shaken.
Federal Reserve Chairman Jerome Powell on Wednesday depicted a robust US economy with a healthy job market and rising incomes, but warned of
The Federal Reserve cut interest rates for the third time this year as the US economy continued slowing amid ongoing trade disputes and weak global growth.
The Federal Reserve insists it's immune to President Donald Trump's bullying. Investors, however, think otherwise.
Federal Reserve Chairman Jerome Powell on Friday repeated his pledge to do whatever it takes to keep the US economy growing and waved off fears of an imminent recession despite "significant risks" from uncertainty around trade.
On the last trading day of August, the Dow and the broader stock market logged their second-worst month of this year. Stocks finished mixed Friday, giving up gains after opening higher.
On the last trading day of August, the Dow and the broader stock market logged their second-worst month of this year. Stocks finished mixed Friday, giving up gains after opening higher.
Stocks finished a volatile trading day sharply in the red Friday, after a selloff driven by President Donald Trump's response to new retaliatory tariffs from China and Fed policy.