James E. “Ted” Bassett III, who led Keeneland through historic expansion during his 38-year tenure serving as President, ...

As expected, the U.S. Federal Reserve has kept its benchmark fed funds range rate steady at 4.25%-4.50%, the first pause since the central bank began easing policy ...

The first Federal Reserve (Fed) meeting of 2025 will conclude ... thus capping the upside in risk assets for now. Leading indicators point to a moderation in shelter inflation, which has an ...

Fed officials must now determine whether today’s expected pause is a one-meeting hold or the start of a longer stretch. • While the job market is slowing but stable and inflation is mostly ...

For now, investors are betting that the Fed will also hold borrowing costs steady in March, though that expectation could change if future figures show that inflation slowed sharply in January and ...

As you’d expect, the move was poorly received by the president ... But without the rate hikes, inflation, which now hovers near the Fed’s 2% target, could have remained elevated, adding ...

After cutting its benchmark rate a full percentage point in the final three meetings of 2024, the Fed is expected to pause ...

However, Mr Powell said he had received “no contact” from Mr Trump. Asked by reporters whether the Fed would continue to operate independently of politics, Mr Powell said: “Don’t look for ...

The nation's central bank held interest rates steady in its first decision of the year. On Wednesday, the Federal Open Market Committee announced that it would maintain the Federal Reserve's ...

You will see an American flag with 9 stars in the top left corner of government websites like the Centers for Disease Control ...

An icon in the shape of a lightning bolt ... In December 2024, this index rose 2.9% year over year. Now that inflation is nearing the Fed's target of 2%, policymakers have started cutting rates.