Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

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

The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.

The Fed has decided to hold rates at 4.25–4.50%, signaling caution amid rising inflation, which could lead to fewer rate cuts in 2025. Read more here.

The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a ...

The central bank is widely expected to hold interest rates steady in its first meeting of 2025. Here is what investors will be watching: When is the Fed decision due? At 2 p.m. ET. How much will the ...

Since officials first cut rates in September, inflation has made uneven progress back down toward the central bank’s target.

Bank of Canada Governor Tiff Macklem said late Wednesday that the central bank can’t repair the economic damage of a trade ...

IBM projected constant currency revenue to grow 5% in the full year, above estimates for 4.81% growth. Meanwhile, the company ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...