President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop immediately.”

Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the Fed's decision, explain what it means, and provide analysis.

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the difference.

U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American consumers as Valentines Day nears to be leery of fake products.

The average interest rate on new cars fell to 6.8% in the fourth quarter of 2024 - when the Fed first started cutting rates - from 7.4% a year earlier, according to data from the car-buying site Edmunds. For used cars, the average rate fell to 11% from 11.6% during that time.

With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.

Senate Banking Committee member Elizabeth Warren is concerned the Federal Reserve may be “turning a blind eye” to alleged misconduct by America’s largest bank.

Could CD interest rates decline again this month? Here's what savers should consider before the January Fed meeting.