The Federal Reserve announced at its April 28-29 meeting that is keeping the federal funds rate unchanged. This decision was widely expected among economists and investors. In my decade of reporting on mortgages,

The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.

U.S. Attorney Jeanine Pirro had subpoenaed Powell but a court threw out the effort, which Pirro has vowed to appeal. Pirro in recent days referred the investigation to the Fed's inspector general, removing the criminal element and helping clear a political roadblock that had threatened to stall Warsh's confirmation.

Jerome H. Powell on Wednesday announced he would stay on as a governor at the central bank as internal divisions sharpen about the policy path forward.

Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is now firmly on track to assume one of the most powerful positions in the global economy — and could advance an agenda that aligns with Trump’s desire for lower rates.

The Fed is set to keep rates steady as Iran war risks and persistent inflation cloud the outlook for cuts or hikes.

US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,

The Federal Reserve is set to announce its decision on the next rate cut on April 29. This is also the last time Jerome Powell will address the Federal Open Market Committee (FOMC) as the Federal Reserve chairman.