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 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 US Federal Reserve on Wednesday kept its federal funds rate unchanged in the 5.25%-5.5% target range, as widely expected, which is the highest level in 23 years. "Recent indicators suggest ...

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

Investing.com-- The Reserve Bank of New Zealand kept interest rates steady as expected on Wednesday, but flagged a potential delay in interest rate cuts due to headwinds from sticky inflation.

U.S. Treasury announces borrowing estimate for Q2 of $243 bln Treasury not expected to raise coupon issuance at refunding (Adds comment, bullets, U.S. Treasury's borrowing estimates; updates prices) ...

The rupee was trading in a narrow range and appreciated 3 paise to 83.25 against the US dollar in e… ...

Asian equity markets mostly rose on Wednesday, tracking gains on Wall Street overnight where the S&P 500 and Nasdaq Composite ...