That’s because inflation is “somewhat elevated” and the job market appears “solid” as stated in the FOMC’s March statement. Based on this reading of the economy, FOMC officials have ...

Fed Chair Jerome Powell will deliver remarks and answer questions at a news conference beginning at 2:30 p.m. The FOMC has held the federal-funds rate target at a range of 5.25% to 5.5% since July ...

The Federal Open Market Committee (FOMC) is expected to deliver its verdict on interest rates at a time when the global ...