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.

One word in the Fed’s lengthy policy statement has caused consternation among its officials, with some warning that it could end up costing the economy.

From mortgage rates to auto loans and credit cards, here’s a look at how the Fed's April interest rate decision may affect your wallet.

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

The Federal Reserve made headlines in April by choosing to hold interest rates steady, extending an ongoing pause. Of course, that pause wasn’t exactly a surprise. Inflation soared in March in the wake of the Iran conflict.

Expectations of rate cuts this year have fallen significantly, even as Kevin Warsh, a Trump nominee, gets set to replace Jerome Powell as Fed chair.

Interest rate decisions by the Federal Reserve influence CD rates. Interest rates for certificates of deposit have soared in recent years along with rates for savings accounts, mortgages and other financial products.

By Michael S. Derby May 3 (Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari said Sunday that the longer the Iran war goes on, the greater the risks of higher inflation and economic damage,

Fed officials are expected to keep the central bank's key interest rate steady as they wait and see how the Iran war affects inflation and the job market.

At what is likely to be Federal Reserve Chair Jerome Powell’s last meeting as chair, the Fed voted to keep its federal funds rate between 3.5%-3.75%. The Fed hasn’t cut rates since December 2025—and i

Neel Kashkari, President & CEO Minneapolis Fed, spoke with Margaret Brennan on Face the Nation Sunday about interest rates and Kevin Warsh's nomination as chair of the Federal Reserve.