24/7 LiveLos AngelesOrange CountyInland EmpireVentura CountyCalifornia

Weather Alert

Heat Advisory

7-Day Forecast

Keep KABC on the air 

Venezuela quakes: How to help

Gas Calculator

En Español

7 On Your Side

Submit News Tips

ABC Price Tracker

Federal Reserve

AP Photo/Alex Brandon

Fed maintains interest rates as inflation surges

  • Jun 17
AP Photo/Jose Luis Magana

Fed set to make interest rate decision as inflation hits 3-year high

  • Jun 16
AP Photo/Jose Luis Magana

Senate confirms Trump pick Warsh as chairman of the Fed

  • May 13
AP Photo/Andrew Harnik, File

Fed chair Powell says he will stay on central bank's board

  • Apr 29

DOJ dropping criminal probe of Fed Chair Powell

  • Apr 24

Fed holds rates steady in 1st move since war

  • Mar 18

Judge blocks DOJ subpoenas involving fed chair

  • Mar 13

Trump nominates Kevin Warsh for Fed chair

  • Jan 30

Latest Videos

0:23

Alan Greenspan, longtime chairman of the Federal Reserve, dies at 100

  • Jun 22
2:10

Fed holds interest rates steady as inflation hits 3-year high

  • Jun 17
1:51

DOJ dropping criminal probe of Fed Chair Jerome Powell amid pressure from senators

  • Apr 24
3:27

Fed holds interest rates steady in 1st move since war with Iran spiked oil prices

  • Mar 18
2:28

Judge blocks DOJ subpoenas involving Fed Chair Jerome Powell

  • Mar 13
2:20

What you need to know about DOJ's criminal investigation into Fed Chair Jerome Powell

  • Jan 12
0:21

Divided Fed set to announce decision on interest rates

  • Dec 10, 2025
1:12

Top Fed Reserve official says she's staying on the job despite Trump saying he fired her

  • Aug 26, 2025

Latest Stories

AP Photo/Jacquelyn Martin, file

Federal Reserve holds interest rates steady

The Federal Reserve held interest rates steady on Wednesday, as the central bank grapples with a combination of elevated inflation and sluggish hiring.

  • Jan 28
AP Photo/Mark Schiefelbein

Supreme Court seems inclined to keep Lisa Cook on Fed board despite Trump attempt to fire her

The Supreme Court seemed inclined to keep Federal Reserve governor Lisa Cook in her job, casting doubt on President Trump's bid to wrest control of the nation's central bank.

  • Jan 21

Stocks close higher despite DOJ probe into Fed Chair Powell

Stocks closed higher on Monday, shrugging off a dip earlier in the day after reports that the Department of Justice had opened a criminal investigation into Federal Reserve Chair Jerome Powell.

  • Jan 12
AP Photo/Julia Demaree Nikhinson, File

Trump's legal attack on Powell underscores his aim for full control over Fed

The Department of Justice's threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank.

  • Jan 12
AP Photo/Jose Luis Magana

Fed cuts interest rates for 3rd time this year

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday,

  • Dec 10, 2025