"If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment," Fed Chair ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

The US Federal Reserve said it was holding interest rates at current levels, as unemployment was low, and a recent economic ...

The US Federal Reserve said it was holding interest rates at current levels, as unemployment was low, and a recent economic ...

SriLankan Airlines has received IATA certification to carry Lithium batteries in its cargo in large quantities and the ...

Sri Lanka's gross official foreign exchange reserves dropped 205 million US dollars to 6,326 million US dollars April 2025 ...

The Federal Open Market Committee elected to keep the fed funds rate 4.25%-4.50%, amid concerns that tariffs, unemployment, ...

President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...

At the end of its Federal Open Market Committee session on May 7, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the third ...

See how we rate mortgages to write unbiased product reviews. Mortgage rates may go down a little bit this year if the Fed lowers its benchmark rate. The Fed slows inflation by raising the federal ...