Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.

With inflation accelerating again, and the labor market on reasonably solid footing, the Fed pivoted back to wait-and-see. Read more here.

After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

Investors today will be listening to how Fed Chair Jerome Powell addresses the potential effect that President Donald Trump ...

The Federal Reserve left interest rates unchanged on January 29, and an interest rate cut is unlikely when the Fed issues its ...

Part of Powell’s reticence on the Fed’s path forward stems from the high degree of policy uncertainty. Most importantly, ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

The Federal Reserve announced Wednesday that it would maintain its federal funds target range at 4.25% to 4.50% despite ...

Hint: You might want to pay down your debts more aggressively.

Central bank policymakers, in a unanimous decision, paused monetary easing while noting that inflation remains above their 2% ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.