After a unanimous vote, the Federal Reserve chairman says: "The plain fact is inflation is too high and has been for too long."

The US economy has been dealing with years of higher-than-target inflation, and prices have surged in the wake of Mr Trump's war on Iran, his signature tariff policies and the ongoing AI boom.

Investors are treating a rate hike today like a foregone conclusion. Here's what's in focus for stock, oil, and bond yields going forward.

The Federal Reserve unanimously voted to increase interest rates to 3.75%-4% from 3.5%-3.75% on Wednesday.

United States Federal Reserve Chair Kevin Warsh is expected to announce the FOMC's rate decision later today, at 11.30 pm IST. The economist will address the press at midnight IST on 17 September. Stay with Livemint for the latest

The August inflation print marks the final major economic indicator before the Federal Open Market Committee’s September 16 policy meeting, where traders are pricing in a roughly 71% to 72% chance of a 25-basis-point hike,

Fed cuts are one piece of the puzzle in how banks determine loan rates and could contribute to a trend of interest rates slowly rising over time. Here’s what a rate cut means for your mortgage, car loan,

Futures put better than 90% odds on a quarter-point hike to a 3.75% to 4% range. It would be the Fed's first rate increase since July 2023, after six cuts totaling 1.75 points. The Fed's updated dot plot will include 2029 projections for the first time.