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Business

Federal Reserve keeps interest rates unchanged

WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerome Powell said at a news conference that the economy's outlook "has clearly improved since ...

Trump declares inflation ‘defeated’

CLIVE, Iowa (AP) — President Donald Trump on Tuesday made his first big pitch ahead of this year's midterm elections on his administration's economic performance, even as his administration remains mired in the fallout in Minneapolis over a second fatal shooting by federal immigration ...

Fed expected to keep rates unchanged

WASHINGTON (AP) — After two weeks of intense political and legal scrutiny, the Federal Reserve will seek to make this week's meeting about interest rates as straightforward and uneventful as possible, though President Donald Trump probably still won't like the result. The central bank's ...