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.

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

Hawkish Fed dissenters warn of an alarming shift in the interest-rate outlook as inflation risks rise, signaling deeper divisions within policymakers.

It's Fed decision day. It's also likely to be the last time that Jerome Powell presides over the Federal Reserve's policy committee. Follow our live coverage.

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

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.

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,

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.