Fed holds interest rates as inflation tensions mount
But the bank also said rates could increase in the near future if inflation does not go down
Inflation cools more than expected in June as gas costs fall, underlying prices ease
U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slow...
Bond Yields Hit 19-Year High, Send Warning About Fed's Inflation Fight
The bond market is raising concerns about the Fed's credibility on inflation, leading the 30-year yield to spike to its highest level in 2 decades.
Fed leaves interest rate unchanged, but could a hike come later this year?
The Federal Reserve on Wednesday chose to hold interest rates steady, though three officials voted for a hike. Kelly O'Grady explains what this means for consum...
Federal Reserve Leaves Interest Rates Unchanged
The Federal Reserve left its key interest rate unchanged on Wednesday for the fifth consecutive meeting. The decision comes despite lingering concerns about per...
Bank of England holds UK interest rate steady at 3.75% — but policymakers see upside inflation risk
The Bank of England on Thursday held U.K. interest rates steady at 3.75%, in line with economists' expectations.
Bank of England keeps key rate at 3.75% for the fifth time this year
The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave poli...
Treasury sell-off continues after divided Fed holds interest rates steady
U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve's decision to hold interest rates steady.
Here are the five big takeaways from this week's Fed meeting
The Federal Reserve on Wednesday followed through on expectations for no interest rate change.