Federal Reserve holds interest rates steady

Trump has urged the Fed to significantly lower interest rates.
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Stock market today: Dow sinks on hot inflation, Fed chair nomination; Verizon soars (live coverage)

Stock Market Today: The Dow Jones index dropped Friday on surprise inflation data and the Warsh nomination. Tesla rallied on SpaceX news. Gold tumbled.

Fed expected to pause rate cuts after 3 straight reductions amid uncertainty over jobs, inflation

Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.

Fed leaves rates unchanged, sees 'somewhat elevated' inflation and stabilizing job market

By Howard Schneider and Ann Saphir WASHINGTON, Jan 28 (Reuters) - The Federal Reserve held interest rates steady on Wednesday amid what U.S. central bank chief Jerome Powell described as a solid economy and diminished risks to both inflation and employment,

Fed opts against rate cut sought by Trump as inflation lingers

The Federal Reserve voted Wednesday to hold rates steady as inflation remains elevated, ending a streak in which it cut interest rates in three successive meetings of its monetary policy committee. After a two-day meeting in Washington,

Fed's favored inflation gauge shows consumer prices remained elevated in November

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.

Alternative inflation data shows sharp cooling in US CPI amid Fed uncertainty

Real-time inflation data shows a sharp cooling in US CPI, diverging from official figures and raising questions about Fed policy and crypto market implications.

US producer prices rose 0.5% in December, more than expected, on uptick in services inflation

U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer price index — which measures inflation before it hits consumers — rose from November to December at the fastest pace in three months and faster than the 0.

Kevin Warsh’s desire to shrink Fed’s balance sheet sets up clash with Trump, say investors

Kevin Warsh’s long-held desire to slash the Federal Reserve’s balance sheet is likely to clash with Donald Trump’s relentless calls for the central bank to depress long-term borrowing costs, big fund managers have said.