The Federal Reserve is contending with rising inflation amid the war and a lackluster job market, along with the departure of Fed Chair Jerome Powell.

The Federal Reserve concluded its third meeting of the year by maintaining the federal funds rate at 3.50%–3.75%.

A key measure of inflation used by the Federal Reserve to set interest rates posted the biggest increase in March in almost three years, marking another major hurdle for a resilient but harried U.S. economy.

The Federal Reserve kept interest rates on hold this week. Here's what mortgage interest rates look like now.

By Howard Schneider and Ann Saphir WASHINGTON, April 29 (Reuters) - Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold,

US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,

Borrowers can make moves to make sure they qualify for the lowest interest rates possible on credit cards, mortgages and car loans.

Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is now firmly on track to assume one of the most powerful positions in the global economy — and could advance an agenda that aligns with Trump’s desire for lower rates.