The FOMC said that "in recent months, there has been a lack of further progress" on lowering inflation to the Fed's 2% goal.

An eagle tops the US Federal Reserve building's facade in Washington, July 31, 2013. [Photo/Agencies] WASHINGTON -- The US Federal Reserve on Wednesday left interest rates unchanged at a 22-year high ...

The Federal Reserve Open Market Committee is keeping its federal funds target range to 5.25% to 5.50%. In its statement, members say, "Inflation has eased over the past year but remains elevated. In ...

The U.S. Federal Reserve on Wednesday left interest rates unchanged at a 22-year high of 5.25 percent to 5.5 percent as recent consumer data indicates that inflation continued to tick up.

The Fed cited elevated short-term inflation risks, and they’re maintaining their cautious stance, which means, interest rates ...

(Updated at 2:24 p.m. ET/1824 GMT) By Chuck Mikolajczak NEW YORK, May 1 (Reuters) - A gauge of global stocks fell on Wednesday while the dollar dipped against a basket of peers after the Federal ...

(Updated at 0738 GMT) * Taiwan stocks jump to all-time high * Bank Indonesia keeps rates unchanged * Bank of Korea rate decision in focus By John Biju May 22 (Reuters) - Most Asian currencies ...

The Japanese yen remained fragile after reversing a bulk of its gains made on likely currency market intervention by the ...

The Bank of England maintained its key UK interest rate at a 16-year high of 5.25 per cent though it gave a broad hint that a ...

At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded ...

The Mexican Peso (MXN) breaks higher in its most heavily traded pairs in the aftermath of the Bank of Mexico (Banxico) policy ...