From credit cards and mortgage rates to auto loans and savings accounts, all sorts of consumer borrowing costs are impacted by Fed moves.

Even so, the Fed will almost certainly leave its key rate unchanged at about 4.3% when it meets Tuesday and Wednesday. Powell and many of the other 18 officials that sit on the Fed’s rate-setting committee have said they want to see how Trump’s tariffs affect the economy before making any moves.

President Trump wants the Federal Reserve to cut interest rates. Here's what experts predict at the central bank's May 7 meeting.

Stocks are opening lower on Wall Street, led by more weakness in technology companies. The S&P 500 lost 0.7% early Tuesday. The index broke a nine-day winning streak a day earlier. The Dow Jones Industrial Average fell 255 points,

A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher inflation—could be the main risk from the Trump administration's trade policies.

(Reuters) -Futures tied to Canada's main stock index edged lower on Tuesday, as U.S. President Donald Trump's fresh tariff threats renewed trade war fears, while investors awaited the Federal Reserve's monetary policy decision.

A 14-year-old boy was shot and killed Monday in downtown Minneapolis following an apparent fight near the Federal Reserve Bank building and the Hennepin Avenue bridge. Police Chief Brian O’Hara says it stemmed from a fight that turned deadly.